How to manage those burdensome payments as you embark on your adult life.  ( 25 min )

The Dow was up more than 300 points, led by Apple as tech stocks soared.  ( 16 min )

Income-based repayment plans and forgiveness for public service employees can help you erase student debt.  ( 32 min )

Student loans are available from both the federal government and private lenders. Federal student loans have more flexible repayment options.  ( 28 min )

Forward delivery is the final stage in a forward contract when one party supplies the underlying asset and the other takes possession of the asset.  ( 19 min )

Paying student loan interest during school will help you start your adult life with less debt. But it's not always the best decision.  ( 27 min )

The simplest presentation of capital employed is total assets minus current liabilities.  ( 22 min )

Castrol, Aral, Amoco, ampm and Thorntons are major companies owned by BP.  ( 21 min )

Watch out for these four major scams so you don't pay for free services or are a victim of identity theft, trashed credit, late fees, and more.  ( 27 min )

Here are some of the worst consequences of not paying your student loans, in addition to ways to help you if you’re struggling to pay.  ( 24 min )

When a security is ex-warrant, the buyer of that security is not entitled to attached warrants. They purchase the primary security, but not the warrants.  ( 20 min )

Eye care company Bausch + Lomb said it would pay $1.75 billion to acquire a portfolio of eye care products from Swiss healthcare giant Novartis.  ( 17 min )

Today's CD rates are at record levels, already paying their highest rates in almost 16 years. But will banks and credit unions raise them higher in July?  ( 18 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )

The FTC’s proposal covers fake reviews, pressure to take down negative reviews, and buying and selling fake social media likes and follows.  ( 17 min )

BMO offers a relatively basic CD with special rates for certain terms. Learn about BMO's current CD rates and features to make an informed decision and grow your savings.  ( 20 min )

A toll revenue bond is a type of municipal bond whose principal and coupon are repaid from the toll revenues collected from the public project that was funded by that issue.  ( 21 min )

Rolling option offers a buyer the right to purchase the underlying security at a future date, as well as the choice to extend that right, for a fee.  ( 19 min )

Student loan forgiveness is a release from having to repay the borrowed sum, in full or in part. It's currently limited to borrowers in certain public service fields.  ( 30 min )

The Supreme Court's ruling on student loan forgiveness has done little to change the divisions of opinion on the topic. Some are putting pressure on President Joe Biden to find another avenue to forgiveness while others are celebrating the decision.  ( 18 min )

Apple's market cap returned above $3 trillion on Friday after briefly breaching it in January 2022. It's the only publicly listed U.S. company to reach that level.  ( 17 min )

CDs can be a great tool for a temporary conservative investment, but rates vary widely. Citibank has a variety of CD options, some with competitive rates.  ( 20 min )

Vanguard offers brokered CDs through various banks with competitive rates and a wide range of terms. Learn all the details here.  ( 20 min )

CDs can be helpful for consumers looking to put their money to work. We reviewed TIAA Bank’s CD rates so you can see if TIAA makes sense for your finances.  ( 20 min )

A certificate of deposit is a good way to save money, especially when interest rates are high or rising. Learn about Third Federal Savings & Loan’s CD rates, term lengths, and more.  ( 20 min )

Knowing the current student loan interest rates and ranges for July 2023 can help you figure out how much it could cost to borrow money for a college education.  ( 23 min )

Certificates of deposit (CDs) can be a great method to save money for the future. Learn about PenFed CD rates, and see if they’re a good fit for your finances.  ( 23 min )

Huntington Bank’s CD rates are very competitive for certain terms. Check out Huntington’s latest CD offer and find out how you can maximize your savings with one of the best rates in the market.  ( 21 min )

Wondering how to get a business loan? This article provides tips and guidance on how to navigate the loan application process and increase your chances of approval.  ( 23 min )

First Republic Bank’s CD rates are relatively high, but they have a high minimum balance requirement as well. Learn more and see if First Republic is right for you.  ( 20 min )

Citizens Bank offers a 14-month certificate of deposit (CD) account with a decent APY. Learn more about its features and how to open a new account.  ( 19 min )

A certificate of deposit (CD) can be a great way to secure your savings and grow your finances. Learn what CIT Bank CD Rates are and how you can benefit.  ( 21 min )

Learn about Chase Bank's CD rates and how they compare to the competition. Make informed decisions and see if you can maximize your returns with Chase Bank's CD options.  ( 19 min )

Capital One offers a solid certificate of deposit (CD) account, with a variety of term lengths, good rates, and no minimum balance required.  ( 20 min )

TD Ameritrade is best for investors and traders alike, due to its educational programs and thinkorswim platform. Fidelity is a better value but has fewer features.  ( 23 min )

U.S. equity markets were sharply higher at midday on Friday, June 30, 2023, amid optimism that inflation is edging closer to the Fed's 2% target.  ( 16 min )

A bank lending survey is a questionnaire circulated by a country's central banking authority to assess the overall lending environment.  ( 19 min )

Nike shares dropped over 2% in early trading on Friday after reporting earnings that missed estimates as margins were squeezed by higher costs and markdowns amid a pullback in consumer spending.  ( 18 min )

The Supreme Court struck down President Joe Biden’s student loan forgiveness program Friday, ruling that the administration didn’t have the authority to cancel up to $20,000 per federal loan borrower.  ( 20 min )

Rates on 30-year mortgages surged after six prior days of continuous growth, gaining a total of 26 basis points. Most other averages were also up Thursday.  ( 20 min )

Effective net worth is shareholders' equity plus subordinated debt: the last loans to be repaid in the event of bankruptcy.  ( 19 min )

A mortgage is a type of loan used to buy real estate, while personal loans are similar but aren't restricted to real estate. Here's what you need to know about a personal loan vs. a mortgage.  ( 23 min )

Unilever's Nutrition segment generates the most sales but the largest growth was driven by its Home Care segment.  ( 20 min )

The Fed’s preferred inflation gauge moderated in May to its slowest annual pace in two years, in a sign that the central bank’s rate hikes are having their desired effect in cooling price pressures.  ( 17 min )

The United States Census Bureau is a division of the Bureau of Commerce that is responsible for conducting the national census at least once every 10 years.  ( 19 min )

Curtailment is the act of restricting an activity or cutting it short. The word has several common uses in business and banking services.  ( 18 min )

An accumulation option is a policy feature of permanent life insurance that reinvests dividends back into the policy, where it can earn interest.  ( 20 min )

A canceled check is a check that has been paid or cleared by the bank it was drawn on and is marked "canceled" so that the check cannot be used again.  ( 22 min )

The Supreme Court is expected to issue its decision on President Biden’s student loan forgiveness program and a key inflation measurement could influence the Fed's decision on whether to raise interest rates. Here’s what investors need to know today.  ( 18 min )

By guiding families through a comprehensive planning process, financial advisors can help them build a solid foundation for their financial future.  ( 23 min )

Affirmative action is a series of policies that aims to increase the opportunities provided to underrepresented members of society.  ( 24 min )

The London Interbank Offered Rate, or LIBOR—one of the most widely-recognized interest rate benchmarks of the past almost 40 years—will officially be retired today.  ( 17 min )

Notional value is a term often used to value the underlying asset in a derivatives trade. It refers to the total value of assets in a leveraged position.  ( 27 min )

The average monthly cost of a general liability policy for retail businesses is $66, but your premium will depend on your coverage choices and other factors.  ( 23 min )

If you’re buying cancel for any reason insurance, you want to find a policy that fits your unique travel needs. Learn what to look for to choose the best CFAR insurance.  ( 21 min )

SolarWinds generates most of its revenue from IT maintenance services, but product subscription revenue is growing the fastest.  ( 19 min )

Price rate of change (ROC) is a technical indicator that measures the percent change between the most recent price and a price in the past used to identify price trends.  ( 23 min )

Transgender people can get life insurance, but it might take more shopping around to find a suitable company and policy.  ( 27 min )

Life insurance underwriting will likely require you to apply as a male or female for now. Here's what else to know to smooth the process.  ( 29 min )

Eye care company Bausch + Lomb said it would pay $1.75 billion to acquire a portfolio of eye care products from Swiss healthcare giant Novartis.  ( 1 min )

Today's CD rates are at record levels, already paying their highest rates in almost 16 years. But will banks and credit unions raise them higher in July?  ( 18 min )

After selling Oracle stock for the first time in two years, founder Larry Ellison followed up with another big sale.  ( 24 min )

Electric vehicles, EVs, are getting plenty of headlines, and for good reason. There is a concerted push, both from governments and societal entities, to promote EVs over combustion-engine cars, and that has resulted in a global EV market currently valued at $250 billion. Almost all of the major auto manufacturers are producing EV models, and small, independent companies have been springing up in the larger markets for several years now. By 2028, the EV market is expected to reach unit sales of 1  ( 10 min )

How the Supreme Court’s rejection of President Biden’s student debt plan hits borrowers’ wallets  ( 26 min )

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In the automotive world, Tesla Inc. (NASDAQ:TSLA) is a market darling. After surging 137% year to date, the electric vehicle (EV) maker has a market cap of over $800 billion — more than 13 times that of Ford Motor Co. (NYSE:F). But according to CNBC's Jim Cramer, you'd be missing out if you ignore the Detroit-based automaker. Cramer recently visited Ford's headquarters and was impressed by what he saw. "From what I saw today with my own eyes and what I’ve heard from CEO Jim Farley, I think Ameri  ( 9 min )

The student loan forgiveness plan was designed to forgive up to $20,000 in student debt for some borrowers.  ( 24 min )

Coca-Cola will only see a limited impact if the world health agency classifies the artificial sweetener used in its Diet Coke, aspartame, as a possible carcinogen, thanks to its scale of production, analysts said on Friday. Such a classification of the popular additive in July by the World Health Organization's cancer research arm could cause consumers, food companies, retailers and restaurants to decide whether to fight back or find alternatives. But for Coca-Cola, whose low-calorie products accounted for a third of its total volumes sold in 2022, analysts said switching to a natural sweetener could be easier than many other companies that use aspartame.  ( 7 min )

Investors who chafe at having to take required minimum distributions (RMDs) each year have a new tool to help them reduce the tax bite of these withdrawals – and provide retirement income for life. A financial advisor can help you … Continue reading → The post New RMD Rules Let You Turn Charitable Donations Into Retirement Income for Life appeared first on SmartAsset Blog.  ( 8 min )

If they didn't save their refund, they could be on the hook for more debt.  ( 7 min )

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The Berkshire Hathaway CEO recognized that Apple was a great consumer brand and bought the stock cheaply.  ( 24 min )

The highest court in the land struck down the up to $20,000 in debt cancellation that the president announced last year.  ( 8 min )

Biden's new income-driven repayment (IDR) plan won’t result in immediate forgiveness, but could "result in less money out of pocket for a lot of borrowers."  ( 7 min )

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(Bloomberg) -- US consumer spending — the economy’s main engine — has lost steam for most of this year, portending weaker growth ahead while also helping to cool inflation.Most Read from BloombergTrump ‘Standing Order’ to Declassify Not Found by DOJ, Intelligence AgencyA $100 Billion Wealth Migration Tilts US Economy’s Center of Gravity SouthSwitzerland Blocks Sale of Leopard 1 Tanks Bound for UkraineChina Has $3 Trillion of ‘Hidden’ Currency Reserves, Setser SaysChina’s Economic Woes Are Multip  ( 8 min )

The U.S. Supreme Court's striking down of President Joe Biden's student loan forgiveness plan puts nearly half a trillion dollars of debt back on household balance sheets, a burden that combined with the end of a pandemic-era pause in payments on education loans may hasten an anticipated year-end economic slowdown. The court's 6-3 ruling on Friday, widely expected to go against Biden, comes just weeks after the White House and congressional Republicans struck a deal to lift the federal debt ceiling that included prohibiting any further extensions of the student debt payment hiatus put in place in early 2020 at the onset of the COVID-19 pandemic. The Education Department last week said loan payments would resume in October.  ( 8 min )

The Supreme Court has ruled the Biden administration overstepped its authority in trying to cancel or reduce student loan debt, effectively killing the $400 billion plan, which would have canceled up to $20,000 in federal student loans for 43 million people. Of those, 20 million would have had their remaining student debt erased completely. For instance, the government has other loan forgiveness programs that are still in effect, even if Biden's plan was struck down.  ( 8 min )

(Bloomberg) -- US regional banks and finance companies are increasingly selling off their consumer loans as funding them gets harder and more expensive, flooding private credit firms and hedge funds with requests to buy the debt at a discount. Most Read from BloombergTrump ‘Standing Order’ to Declassify Not Found by DOJ, Intelligence AgencyA $100 Billion Wealth Migration Tilts US Economy’s Center of Gravity SouthSwitzerland Blocks Sale of Leopard 1 Tanks Bound for UkraineChina Has $3 Trillion of  ( 10 min )

Nvidia upgraded, Apple initiated: Wall Street's top analyst calls  ( 9 min )

(Bloomberg) -- Tesla Inc. shares have soared 109% this year. In the coming days, one number will be much more important to investors: How many cars did the company deliver in the latest quarter?Most Read from BloombergTrump ‘Standing Order’ to Declassify Not Found by DOJ, Intelligence AgencyA $100 Billion Wealth Migration Tilts US Economy’s Center of Gravity SouthSwitzerland Blocks Sale of Leopard 1 Tanks Bound for UkraineChina’s Economic Woes Are Multiplying — and Xi Jinping Has No Easy FixChin  ( 8 min )

Constellation Brands' earnings came ahead of Wall Street expectations, hitting $2.91 per share in the fiscal first quarter.  ( 24 min )

↘️ Nike (NKE): Shares of the sneaker giant fell 2.5% after it reported weaker-than-expected earnings Thursday afternoon. The company indicated it would continue discounting items as it seeks t  ( 22 min )

The regulator informed Nasdaq and Cboe that recent filings from BlackRock, Fidelity and others aren’t sufficiently clear and comprehensive.  ( 31 min )

The milestone comes after a rip-roaring first half of 2023 for tech stocks, which has seen the Nasdaq rise 30% while Apple stock has gained more than 45%.  ( 8 min )

Investor sentiment has been upbeat for months now, as markets are rebounding strongly from recent troughs. The gains are real, amounting to ~15% on the S&P 500 and 30% on the Nasdaq. A recent note from Wells Fargo, however, reminds investors to keep a disciplined stance – the bull, while real, may be more fragile than it looks. As the investment bank puts it, “Following the recent equity market rally, investors may have reason to be optimistic. On June 8, S&P 500 Index gains exceeded 20% from th  ( 10 min )

When inflation surges and cash loses its purchasing power, retirees' hard-earned savings suddenly don't go as far as they expected. Inflation may also lead to widespread salary increases, but retirees typically don't benefit from wage growth because they've already left … Continue reading → The post How Important Is Social Security to Retirees in U.S. Cities? 2023 Study appeared first on SmartAsset Blog.  ( 9 min )

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Warner Bros. Discovery has faced an uphill battle since the completion of its $43 billion merger — but was it worth it?  ( 10 min )

An inflation index that is closely monitored by the Federal Reserve tumbled last month to its lowest level since April 2021, pulled down by lower gas prices and slower-rising food costs. The inflation index showed that prices rose 3.8% in May from 12 months earlier, down sharply from a 4.4% year-over-year surge in April. Core prices rose 4.6% in May from a year earlier, down slightly from the annual increase of 4.7% in April.  ( 8 min )

U.S.-listed shares of its peers Li Auto and Nio also rose 0.3% and 2.2%, respectively, in trading before the bell. Warren Buffett-backed BYD dominates the Chinese market and U.S. automaker Tesla is set to hit another record quarter in China, with sales in the country expected to increase 13% from the previous three months, analysts said. China was the biggest market for Tesla's Model Y electric sport utility vehicles in the first quarter of the year, helping it become the world's top selling vehicle during the period.  ( 7 min )

Constellation Brands first-quarter results topped Wall Street expectations on Friday, as the Corona beer maker benefited from higher pricing and steady demand for its alcoholic beverages. Alcohol manufacturers have increased prices to offset soaring costs of raw material, freight, packaging as well as rising wages and overhead expenses. Constellation's beer business posted an 11% increase in sales in the quarter ended May 31, mainly on strong growth across Modelo Especial, the Modelo Chelada brands as well as Corona Extra.  ( 7 min )

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Shares in the tech giant touched the $3 trillion market capitalization in Friday's premarket, and analysts at Citi say it could rally another 30% or so from here.  ( 24 min )

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A heavily competitive marketplace will restrain price increases at UPS, experts say. The post UPS may find it hard to pass along higher labor costs appeared first on FreightWaves.  ( 10 min )

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Stock futures climbed on Friday, as investors waited for an update on the Federal Reserve's preferred inflation gauge after hawkish comments from its policymakers.  ( 7 min )

Apple stock is initiated at Buy by analysts at Citi and the iPhone maker creeps closer to reaching a market cap of $3 trillion, Nike falls after the sneaker giant's earnings and guidance miss analysts' estimates, and traders ready for deliveries from Tesla to come over the weekend.  ( 24 min )

Hawkish remarks from Fed Chair Jerome Powell and strong economic data this week boosted bets that the U.S. central bank will continue to raise interest rates, but stock markets were buoyant on signs of strength in the U.S. economy. Despite a recent streak of losses, the three main U.S. indexes are on course to end June and the second quarter on a high note as investors expect the Fed's aggressive tightening will not derail the U.S. economy. The Fed's preferred inflation gauge, the Personal Consumption Expenditure index (PCE) for May, will be released at 8:30 a.m. ET.  ( 7 min )

Volkswagen is to cut electric car production at one of its biggest factories after “strong customer reluctance” led to far lower sales than expected.  ( 7 min )

Watch the pace of job creation in the jobs reports. Amidst AI complacency and a calm market, there could be some macroeconomic surprises.  ( 8 min )

(Bloomberg) -- California Governor Gavin Newsom for years had an enviable problem. His state was awash in cash.Most Read from BloombergTrump ‘Standing Order’ to Declassify Not Found by DOJ, Intelligence AgencySwitzerland Blocks Sale of Leopard 1 Tanks Bound for UkraineA $100 Billion Wealth Migration Tilts US Economy’s Center of Gravity SouthChina’s Economic Woes Are Multiplying — and Xi Jinping Has No Easy FixBank Giant Bigger Than Morgan Stanley Arises From India MergerThanks to the booming tec  ( 9 min )

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The hearing in San Francisco could decide the fate of one of tech’s largest-ever acquisitions.  ( 31 min )

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(Reuters) -Oil prices stayed steady on Friday with Brent poised for its first monthly gain this year, as a big drawdown in U.S. oil stocks outweighed concerns that fuel demand will be dented further by more interest rate rises. Brent crude futures for September delivery rose 4 cents or 0.1% to stand at $74.54 as of 0631 GMT. While it would be Brent's first monthly gain for 2023, it would mark a second for WTI after a gain in April.  ( 7 min )

Nvidia (NVDA) might have an issue selling high-end product to China again after a Wall Street Journal report claimed the US Commerce Department is mulling over restricting export of AI chips to its superpower rival. It wouldn’t be the first time the government tightens control over the sale of chips to China. Recall, last September, the Biden administration implemented regulations that prevented the semiconductor giant from exporting A100 and H100 chips to Chinese customers without obtaining a l  ( 8 min )

U.S. equity markets were sharply higher at midday on Friday, June 30, 2023, amid optimism that inflation is edging closer to the Fed's 2% target.  ( 1 min )

The Supreme Court is expected to issue its decision on President Biden’s student loan forgiveness program and a key inflation measurement could influence the Fed's decision on whether to raise interest rates. Here’s what investors need to know today.  ( 1 min )

Wie vanaf volgende week het Pantheon in Rome bezoekt, moet 5 euro entreegeld betalen. Daarmee is de tweeduizend jaar oude kerk niet langer een gratis attractie.  ( 3 min )

Als je de weerapp van Apple mag geloven, wordt het eind volgende week 30 graden en zonnig in Amsterdam. Maar op Weeronline wordt zo'n 26 graden met een druppel regen voorspeld. Waarom ziet de ene weerdienst het zonniger in dan de andere?  ( 4 min )

Mensen met een inkomen rond het sociaal minimum krijgen te weinig geld om van rond te komen. Vooral stellen met kinderen komen maandelijks tot honderden euro's tekort.  ( 6 min )

Het kabinet heeft in totaal 4 miljard euro toegekend aan achttien verschillende projecten. Het meeste geld gaat naar de ontwikkeling van circulaire zonnepanelen. Ook gaat er geld naar de bouw van schonere schepen.  ( 3 min )

Als je de weerapp van Apple mag geloven, wordt het eind volgende week 30 graden en zonnig in Amsterdam. Maar op Weeronline wordt zo'n 26 graden met een druppel regen voorspeld. Waarom ziet de ene weerdienst het zonniger in dan de andere?  ( 4 min )

Statistiekbureau CBS heeft bij het bepalen van de inflatie in juni een andere rekenmethode gebruikt. Het inflatiecijfer lijkt opeens hoger dan het cijfer volgens de vorige rekenmethode. Maar het inflatiecijfer van vorig jaar is juist lager met de nieuwe methode. Hoe kan dat?  ( 3 min )

Automobilisten tanken nog snel voordat brandstofprijzen zaterdag omhoogschieten door de hogere accijns. Daardoor is het al veel drukker dan op een normale vrijdag en raken benzinepompen leeg. Maar chauffeurs van tankwagens maken overuren om elk pompstation van nieuwe brandstof te voorzien.  ( 4 min )

Het kabinet moet het Groningenveld niet in twee stappen sluiten, maar in één keer. Dat adviseert het Staatstoezicht op de Mijnen (SodM). Volgens de toezichthouder is het belangrijk om de onzekerheid bij burgers weg te nemen.  ( 4 min )

Leraren op hbo's gaan flink meer verdienen. Volgens vakbonden CNV en FNV is er een principeakkoord over loonsverhogingen die oplopen tot 14 procent voor de lagere inkomens.  ( 3 min )

In bijna alle EU-landen zijn de prijzen in juni op jaarbasis minder hard gestegen dan in de maand ervoor. De gemiddelde inflatie is 5,5 procent, waar dat vorige maand nog 6,1 procent was. In april was het percentage zelfs nog iets hoger dan in mei.  ( 3 min )

Het kabinet moet het Groningengasveld niet in twee stappen sluiten, maar in één keer. Dat adviseert het Staatstoezicht op de Mijnen (SodM). Volgens de toezichthouder is het belangrijk om onzekerheid bij burgers weg te nemen.  ( 4 min )

Werknemers van het Chinese bedrijf Trip.com krijgen duizenden euro's van hun baas als ze een kind krijgen. Daarmee wil het reisbureau, dat ook in Nederland actief is, zijn medewerkers stimuleren om kinderen te krijgen in strijd tegen de vergrijzing in China.  ( 3 min )

Fabrikant van chipmachines ASML krijgt vanaf september nieuwe regels opgelegd voor de handel met China. Vanaf dat moment mag het Veldhovense bedrijf nog minder machines aan de Chinezen verkopen dan nu.  ( 3 min )

De prijzen van goederen en diensten zijn deze maand gemiddeld 5,7 procent hoger dan in dezelfde maand vorig jaar. Daarmee is de inflatie minder hoog dan vorige maand, toen die op 6,1 procent uitkwam.  ( 5 min )

Nederlanders zijn de laatste tijd voorzichtiger met het doen van aankopen in winkels. Onder meer in supermarkten en kledingzaken houden we vaker de hand op de knip. Alleen door hogere prijzen blijft de omzet in veel winkels op peil.  ( 3 min )

De prijzen van goederen en diensten zijn deze maand gemiddeld 5,7 procent hoger dan in dezelfde maand vorig jaar. Daarmee is de inflatie minder hoog dan vorige maand, toen die op 6,1 procent uitkwam.  ( 3 min )

Automobilisten grijpen nog gauw hun kans nu een volle tank benzine of diesel zaterdag enkele euro's duurder wordt. Want we gaan weer meer accijns betalen bij een tankbeurt. In de jacht op de nog goedkopere brandstof ontstaan er rijen bij tankstations en raken pompen mogelijk al leeg.  ( 6 min )

In the UK, a bed and breakfast deal is when a trader sells a security one day and buys it or a similar asset back within 30 days.  ( 21 min )

The Series 28 is a financial exam for those seeking to become licensed recordkeepers or operations principals for broker-dealer firms.  ( 19 min )

A window of opportunity is a short period when a rare and desired action can be taken. Once the window closes, the opportunity may never come again.  ( 19 min )

Bad credit refers to an individual's history of not paying bills on time and the likelihood that they will fail to make timely payments in the future.  ( 25 min )

A credit rating is an assessment of the creditworthiness of a company or government—in general terms or with respect to a particular debt or financial obligation.  ( 30 min )

You can get a home equity line of credit (HELOC) at many banks, credit unions, and other lenders. Here's what to look for.  ( 22 min )

Air cargo insurance protects a buyer or seller of goods being transported through the air from damage, loss, and, in some cases, even shipment delays.  ( 19 min )

A home equity loan may be a lower interest rate than your current debt, but make sure you know all the risks before consolidating your debt into one.  ( 22 min )

JPMorgan and Goldman Sachs shares gained ground after passing the Fed's stress test, lifting other financials with them.  ( 18 min )

A subaccount charge is a type of fee charged by a bank or other financial institution for the management of a subaccount.  ( 18 min )

Affordability hits historic low as owner expenses consume one-third of income.  ( 17 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )

Fidelity's Wise Origin Bitcoin Trust was previously rejected by the SEC, but a new filing from Cboe indicates Fidelity is making another attempt at getting regulatory approval for their bitcoin spot ETF.  ( 17 min )

A donee beneficiary receives intended benefits from a contractual obligation without technically being party to the contract.  ( 19 min )

Open source refers to software or other projects with source code that can be viewed, modified, or upgraded by anyone.  ( 18 min )

The Commercial Paper Funding Program (CPFF) was designed to increase the liquidity of the commercial paper market by providing funding to issuers.  ( 20 min )

Pending sales fell in May as elevated mortgage rates kept would-be homebuyers and sellers on the sidelines, according to the National Association of Realtors.  ( 17 min )

Learn how a single diagram allows you to see the effect that price, time, and volatility can have on potential gains and losses related to options trading.  ( 24 min )

Opening a forex account is the first step to becoming a forex trader.  ( 17 min )

A convention statement is a document filed by an insurance or reinsurance company that serves as its annual financial statement.  ( 21 min )

The Suriname dollar (SRD) is the ISO 4217 forex currency abbreviation for the Surinamese dollar, the currency for the South American country of Suriname.  ( 18 min )

Total spending on celebrating Independence Day 2023 is expected to jump 23%, an even- bigger increase than when the pandemic started to subside.  ( 17 min )

Forex traders can see substantial benefits from capital gains in the form of a small pip profit over time, but with considerable leverage, a single pip can result in a hefty return.  ( 20 min )

If you've narrowed your robo-advisor choice down to E*TRADE and TD Ameritrade, we can help you make that decision by detailing their differences.  ( 21 min )

Costco generates the large majority of revenue from merchandise sales, with foods and sundries comprising the largest share of revenue.  ( 20 min )

Various costs are associated with owning a small plane compared to renting a similar aircraft.  ( 21 min )

Nickel prices, that hit a 15-year high when Russia invaded Ukraine, have slipped as Indonesian production surged, but the remain elevated as the key component of EV batteries remains in high demand.  ( 18 min )

Don't try to run from the tax man. Penalties and interest charges can run your tax bill up even higher. Here are some tips that can help you out.  ( 27 min )

U.S. equity markets were higher at midday on Thursday, June 29, 2023, boosted by upbeat economic data and bank stress test results.  ( 16 min )

Eli Lilly said it will acquire Sigilon Therapeutics in an all-cash deal worth up to $309.6 million.  ( 17 min )

When stocks and home values surged during the pandemic, retirement portfolios boomed, leading at least one early retiree to ask: “Why the hell am I still working?” He was far from alone.  ( 20 min )

The Vietnamese Đồng (VND) is the official national currency of Vietnam.  ( 19 min )

Pfizer’s Primary Care segment, which consists of its internal medicine drugs and vaccines, makes up the bulk of its revenues  ( 21 min )

Luxury goods exemplify how irrational we can be. A decent, sturdy handbag can be bought for $50, yet people will still spend thousands on a brand name.  ( 23 min )

Frito-Lay and Quaker Oats are companies owned by PepsiCo, and seven segments manufacture and sell snack foods, branded foods, and beverages.  ( 20 min )

Sam’s Club offers store-only and Mastercard credit cards with several membership and rewards program options.  ( 26 min )

Shares of Joby, an electric aircraft firm, jumped as high as 30% in early trading after announcing an investment by SK Telecom, while regulators also approved test flights.  ( 17 min )

A message authentication code (MAC), or tag, is a security code that is typed in by the user of a computer to access accounts or portals.  ( 20 min )

OpenAI, the artificial intelligence (AI) company behind ChatGPT, has been hit with a lawsuit alleging it misused vast quantities of internet users’ private data to train its AI tools.  ( 18 min )

A nontraditional mortgage is a broad term for any mortgages that do not conform to standard mortgage characteristics.  ( 19 min )

An Abbreviated New Drug Submission (ANDS) is a written request to obtain marketing approval for a generic drug in Canada.  ( 18 min )

Rates on 30-year mortgages have tiptoed higher for a sixth day, gaining a total of 15 basis points. Most other averages were mildly up as well Wednesday.  ( 20 min )

Find out which factors can help you squeeze more profit out of each position.  ( 21 min )

Here’s everything you need to know about finding scholarships, including where to look, how to qualify, and when to begin your search.  ( 28 min )

Japanese car maker Toyota recorded a 10% increase year-over-year (YoY) in its global sales on the heels of recovering supply chains of semiconductors and other parts.  ( 17 min )

The EURO STOXX 50 Index is a market capitalization weighted stock index of 50 large, blue-chip European companies operating within eurozone nations.  ( 19 min )

Personal loans provide borrowers with an initial lump sum to pay off over time, while credit builder borrowers pay the loan first and receive the money later.  ( 23 min )

Walmart is among the world's largest retailers, with its U.S. segment generating the most sales and profits.  ( 20 min )

In the United Kingdom, Additional Personal Allowance was an extra deduction set by HM Revenue & Customs on income tax returns and later abolished.  ( 23 min )

Fed Chair Jerome Powell said bank failures showed more regulation is needed and shares of Micron rose after the chipmaker beat revenue expectations. Here’s what investors need to know today.  ( 18 min )

3M's Safety and Industrial segment generates the most sales and profit  ( 20 min )

Gilt funds are a type of British investment fund that invests in gilt securities.  ( 19 min )

GBP is the abbreviation for the British pound sterling, the official currency of the United Kingdom and its territories.  ( 21 min )

Electronic money or eMoney exists in banking computer systems and is available for transactions through electronic systems.  ( 20 min )

Core durable goods orders refers to new orders for U.S. core durable goods, which are the total durable goods orders excluding transportation equipment.  ( 21 min )

Mulvaney says she faced “more bullying and transphobia than I could have ever imagined” after promoting the beer.  ( 29 min )

The stock market narrative is often defined by themes. Last year, energy stocks ruled the roost, driven by Russia’s invasion of Ukraine and the subsequent global energy crisis. In 2023, so far, tech stocks have been driving the gains while riding the AI trend. But according to billionaire Seth Klarman, the next big opportunity could lie in a bit of a surprising area. Considering the low occupancy rates in the post-Covid world and the persistent work-from-home trend, you might think the commercia  ( 10 min )

(Bloomberg) -- Apple Inc. has room to rally another 30%, according to Citigroup Inc., even after a surge that’s sent shares to a record high and the company toward a $3 trillion valuation.Most Read from BloombergSwitzerland Blocks Sale of Leopard 1 Tanks Bound for UkraineA $100 Billion Wealth Migration Tilts US Economy’s Center of Gravity SouthPutin Claims He’s Back in Control. Russia’s Elite Isn’t SureSupreme Court Rejects Use of Race in University AdmissionsQatar Group Now Confident of Winning  ( 7 min )

Want to invest like Warren Buffett, but aren’t sure where to begin? One solid starting point may be the most undervalued names in Buffett's Berkshire Hathaway (NYSE:BRKa) (NYSE:BRKb) portfolio - stocks that are trading at dirt cheap prices vs. what their financial metrics would indicate. InvestingPro has you covered there with powerful tools that produce undervalued Buffett gems with one click.  ( 8 min )

Mortgage fees are changing under the new rules from the Biden administration’s Federal Housing Finance Agency. Because some borrowers with good credit may end up paying higher fees compared to those with lower credit scores, the change has sparked a discussion. Among the critics is Peter Schiff, CEO and chief global strategist at Euro Pacific Capital. During an interview posted on Schiff’s YouTube channel, the host shared his intention to buy a home but voiced concerns about getting punished if  ( 8 min )

Billionaire investor Ray Dalio has had a passion for investing since he was a boy. Growing up on Long Island in the early 1960s, Dalio bought his first stock at age 12. He used the money he earned as a caddy to invest in Northeast Airlines, the only company he knew of that was selling for less than $5 per share. Don’t Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families Although his strategy was naive, Dalio tripled his mo  ( 8 min )

(Bloomberg) -- Noubar Afeyan became a billionaire backing Moderna Inc., the dark horse biotech firm that became a household name due to its lifesaving Covid vaccine. He just added to his fortune after another one of his long-shot bets quintupled in value.Most Read from BloombergSwitzerland Blocks Sale of Leopard 1 Tanks Bound for UkraineA $100 Billion Wealth Migration Tilts US Economy’s Center of Gravity SouthPutin Claims He’s Back in Control. Russia’s Elite Isn’t SureSupreme Court Rejects Use o  ( 8 min )

Nike beat the Street's estimates for fourth quarter sales after the bell on Thursday.  ( 7 min )

“Consumers may run out of their excess pandemic savings by the end of this year, but they have lots of other sources of purchasing power,” a veteran market watcher says.  ( 7 min )

Nike beat the Street's estimates for fourth quarter sales after the bell on Thursday.  ( 7 min )

Six active funds to transition as firm massively expands fund transition strategy.  ( 6 min )

Sluggish demand is capping shipping lines’ income. In response, at least one carrier is reportedly moving to limit losses on legacy charters. The post Container shipping trilemma: Weak rates, new ships, pricey charters appeared first on FreightWaves.  ( 9 min )

Ark Invest's Cathie Wood is known for investing in disruptive innovation. The super investor has placed big bets on artificial intelligence (AI), which is widely regarded as one of the most disruptive and transformative technologies today. Speaking of AI stocks, it's hard to ignore what Nvidia Corp. (NASDAQ:NVDA) has been doing. Shares of the chipmaking giant have surged 187% so far this year, and the company crossed $1 trillion in valuation. Ark Invest's flagship fund Ark Innovation ETF (NYSE:A  ( 9 min )

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The fate of what could be the priciest merger in tech industry history will soon be in the hands of a federal judge who must decide whether to stop Microsoft from closing its deal to buy video game company Activision Blizzard. Federal antitrust enforcers have sued to block the $69 billion acquisition that they say will harm competition between Microsoft and gaming industry competitors such as Sony and Nintendo. The Federal Trade Commission, which enforces antitrust laws, has asked U.S. District Judge Jacqueline Scott Corley to issue an injunction that would temporarily block Microsoft and Activision from closing the deal before the FTC's in-house judge can review it in an August trial.  ( 10 min )

'What transpired from that video was more bullying and transphobia than I could have ever imagined,' Mulvaney said in a TikTok posted on Thursday.  ( 24 min )

Countless news headlines have been calling for a housing crash for the better part of a year, yet prices are still climbing in many parts of the U.S. According to data from Redfin, the median sale price has increased by over 9.38% since January and has fallen only 3.4% from the peak in May 2022. Despite rising mortgage rates, buyers are finding little relief in home prices because of the massive shortage of supply. According to an analysis from Realtor.com, the gap between single-family home con  ( 6 min )

Chevron is offering to sell several oil and gas properties in New Mexico and Texas, according to marketing documents seen by Reuters, as the U.S. oil major looks to cull acreage after major shale acquisitions. The second-largest U.S. oil and gas producer last month agreed to buy shale firm PDC Energy Inc in a stock-and-debt deal worth $7.6 billion. In 2020, it acquired Noble Energy in a move that boosted its U.S. shale and international gas holdings.  ( 7 min )

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The International Brotherhood of Teamsters walked away from negotiations Wednesday, demanding that UPS give its “last, best, and final offer” no later than June 30. Teamsters officials did not say what time the Friday deadline was or what actions it might take if it is not met. “The largest single-employer strike in American history now appears inevitable,” said Teamsters General President Sean O’Brien, who accused UPS executives of hoarding profits instead of sharing them with workers.  ( 8 min )

Ronald Reid was the last person you would expect to be a millionaire. He used safety pins to hold his old coats together and cut his own firewood well into his 90s. He drove a second-hand Toyota Yaris and resisted new purchases. His only real indulgence may have been his daily English muffin and a cup of coffee at the Brattleboro Memorial Hospital in Vermont, where a friend remembered him sitting at the exact same stool every morning. In his career as a janitor and gas station attendant, he was  ( 7 min )

Charlie Munger, the 99-year-old billionaire and vice chairman of Berkshire Hathaway Inc., expressed his concerns about the United States heading toward another fiscal crisis. In an interview with the Financial Times, Munger highlighted the problematic situation of commercial property loans held by U.S. banks, stating that many of them would be deemed as “bad loans” because of declining property values. He emphasized that this indicates a negative outcome for the American commercial property mark  ( 9 min )

The S&P 500 has gained just over 20% from a major low point hit in early October, making it much pricier.  ( 24 min )

The inverted yield curve is a widely-followed economic indicator that's preceded every US recession since 1969.  ( 7 min )

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Billionaire Warren Buffett's company keeps buying shares of Occidental Petroleum, and Berkshire Hathaway now controls more than 25% of the oil producer. A new filing with the Securities and Exchange Commission shows that Berkshire bought another 2.1 million Occidental shares this week worth about $123 million. The latest purchases give Berkshire more than 224 million shares worth nearly $13 billion that have all been purchased over the past year and a half.  ( 7 min )

Big banks cleared the Fed stress tests Wednesday are could announce increased dividends Friday.  ( 24 min )

SoFi values a multiyear addressable student-loan refinance opportunity at around $200 billion, but J.P. Morgan sees only about a $90 billion opportunity for the financial-services firm.  ( 24 min )

Sigilon Therapeutics Inc (NASDAQ: SGTX) shares are skyrocketing after Eli Lilly And Co (NYSE: LLY) agreed to acquire the company for a purchase price of $14.92 per share in cash (an aggregate of approximately $34.6 million). Sigilon is also entitled to one non-tradeable contingent value right ("CVR") per share to receive up to an additional $111.64 per share in cash, for a total potential consideration of up to $126.56 per share in cash without interest (an aggregate of up to approximately $309.  ( 7 min )

The EV manufacturer is slated to report its second-quarter vehicle deliveries on Sunday. Wall Street expects about 445,000 units, a quarterly record.  ( 24 min )

ARK Invest has now cashed out of Tesla shares on six different occasions this month.  ( 24 min )

Harvard University and University of North Carolina Supreme Court decision on affirmative action raises questions about corporate diversity programs.  ( 12 min )

Three Florida men were arrested Thursday and charged with illegally making over $22 million by insider trading ahead of the public announcement that a special purpose acquisition corporation was going to take a media company owned by former President Donald Trump public. The charges were outlined in an indictment unsealed in Manhattan federal court. According to the indictment, the men were invited to invest in Digital World Acquisition Corp. and were provided confidential information that a potential target of DWAC and another acquisition corporation, Benessere Capital Acquisition Corp., was Trump Media & Technology Group.  ( 6 min )

AT&T Inc. (NYSE:T) CFO Pascal Desroches spoke last week at the Bank of America C-Suite Technology, Media and Telecommunications Conference, providing updates on the telecom giant’s performance and strategies. What Happened: Desroches reiterated AT&T's full-year free cash flow target of $16 billion or more for 2023. He also mentioned the company’s projected second-quarter free cash flow, expected to range between $3.5 to $4.0 billion. AT&T is tracking to just over 300,000 postpaid phone net addit  ( 8 min )

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Every investor seeks to reap the rewards of their stocks; otherwise, they wouldn’t be involved in the markets. However, discovering the ideal investment, one that will yield profits, can prove to be a challenge, particularly in today’s market environment. To ensure solid returns, investors can follow two straightforward strategies. The first is to buy low and sell high. That is, find a cheap stock with sound fundamentals and good prospects for growth – and buy in to take advantage of the growth  ( 10 min )

Overstock.com decided to stop doing business online under its eponymous domain name after paying $21.5 million for the brand of Bed Bath & Beyond.  ( 8 min )

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Big Tech is having its best start to the year ever. But a different group may thrive in the second half.  ( 24 min )

As crypto bulls await a decision from regulators on a spot Bitcoin ETF, key economic data due Friday are likely to be a more immediate crypto catalyst.  ( 24 min )

Even people who love their job would most likely agree that its better not to work than to have to clock in every day. With that in mind, many Americans are looking to retire much earlier than the traditional age. … Continue reading → The post Can I Retire at 45 With $10 Million? appeared first on SmartAsset Blog.  ( 10 min )

With some bank CDs paying more than a 5% APY and some savings and money market accounts yielding around that figure too (as of June 2023), no one can blame investors if they've become tempted to keep a healthy chunk … Continue reading → The post Even With High Interest Rates, Should You Hold Cash in Your Portfolio? appeared first on SmartAsset Blog.  ( 8 min )

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Virgin Galactic's first commercial flight is slated for Thursday at 11 a.m. Eastern time.  ( 27 min )

Apple actually isn't the best performer in the S&P 500 so far this year.  ( 24 min )

A major provider of diabetes drugs and insulin, Lilly owned nearly 8.44% stake in Sigilon as of March 27. Sigilon shareholders will get an additional $111.64 per share if they achieve certain developmental and regulatory milestones, Lilly said. Shares of Sigilion soared more than eightfold in premarket trading to $34.48.The deal, which is expected to close in the third quarter of 2023, would give Lilly access to Sigilon's proprietary cell therapy candidate being developed to treat type 1 diabetes.  ( 7 min )

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Big Tech is having its best start to the year ever. But a different group may thrive in the second half.  ( 24 min )

Analysts at Piper Sandler led by Harsh Kumar increased their target for the stock's price in a research note.  ( 24 min )

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The rating on Disney shares was lowered to Sector Weight from Overweight by analysts at KeyBanc who gave it a price target of $85.  ( 24 min )

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Virgin Galactic's first commercial flight is slated for Thursday at 11 a.m. Eastern time.  ( 24 min )

Stock futures ticked higher on Thursday, as upbeat corporate updates vied with Federal Reserve hawkishness for investors' attention with the end of the first half near.  ( 7 min )

Apple inches toward $3 trillion market value, Buffett’s Berkshire Increases Occidental Stake to 25%, and other news to start your day.  ( 24 min )

Catch-up contributions are about to change. Starting in 2024, some workers who make catch-up contributions to employer-sponsored retirement plans, like a 401(k), will have to put this money in a Roth account. This means that they cannot deduct these contributions from … Continue reading → The post Earn Over $145k? You May Have to Pay Taxes on Your Catch-Up Contributions appeared first on SmartAsset Blog.  ( 9 min )

More than 16 million borrowers who thought their loans would be forgiven could have to repay.  ( 26 min )

Job candidates say an extreme vetting process by a security firm sometimes included questions about pornography and sexual histories; Gates’s office says such questioning would be unacceptable.  ( 27 min )

(Bloomberg) -- Wall Street’s biggest banks all passed the Federal Reserve’s annual stress test, clearing a key hurdle toward paying billions of dollars to stockholders — but with a mixed picture for potentially sweetening those rewards.Most Read from BloombergSwitzerland Blocks Sale of Leopard 1 Tanks Bound for UkrainePutin Claims He’s Back in Control. Russia’s Elite Isn’t SureQatar Group Now Confident of Winning Manchester United RaceSweden Police Give Permit to Koran Burning Near Stockholm Mos  ( 9 min )

Bitcoin and Ether rose during Thursday afternoon trading in Hong Kong, while the top 10 non-stablecoin cryptocurrencies by market capitalization were mixed.  ( 7 min )

Shares of Micron Technology rise as the memory-chip maker says it expects margins to improve as 'industry supply-demand balance is gradually restored,' JPMorgan Chase and other big banks pass the Fed's annual stress test, and Virgin Galactic prepares for its first commercial space flight.  ( 24 min )

Big Tech is having its best start to the year ever. But a different group of stocks may thrive in the second half.  ( 24 min )

(Bloomberg) -- Wind turbines make money when they spin. But when they shake, it can cost billions. Most Read from BloombergPutin Claims He’s Back in Control. Russia’s Elite Isn’t SureSwitzerland Blocks Sale of Leopard 1 Tanks Bound for UkraineQatar Group Now Confident of Winning Manchester United RaceSweden Police Give Permit to Koran Burning Near Stockholm MosqueUBS Preparing to Cut Over Half of Credit Suisse WorkforceSiemens Energy AG is struggling to contain the fallout after discovering a ma  ( 10 min )

Not every hot stock is riding a speculative frenzy to crazy heights. Sometimes, the gains make sense.  ( 24 min )

(Bloomberg) -- Sosei Group Corp. has lost over half of its market value in just three days on concern about its outlook after Pfizer Inc. said Monday it will discontinue the partnered development of a diabetes and obesity drug.Most Read from BloombergPutin Claims He’s Back in Control. Russia’s Elite Isn’t SureSwitzerland Blocks Sale of Leopard 1 Tanks Bound for UkraineQatar Group Now Confident of Winning Manchester United RaceSweden Police Give Permit to Koran Burning Near Stockholm MosqueUBS Pr  ( 7 min )

Berkshire Hathaway purchased about $120 million of stock in recent days and now owns $12.9 billion of Occidental Petroleum.  ( 24 min )

(Bloomberg) -- Much of Russia’s existing gas export infrastructure points West. Unfortunately for Moscow, most of its gas customers are now to its East and a lot of the infrastructure it needs to supply them is yet to be built. This mismatch of pipelines and customers — which is likely to take years to resolve — forms part of a bigger question triggered by Moscow’s assault on Ukraine. The war has cut Russia adrift from Europe, its biggest gas export market. So what has Russia — which has the lar  ( 12 min )

Sum more than double the cost to other US lenders that channelled flood of deposits to cash  ( 11 min )

(Bloomberg) -- Swire Pacific Ltd. has become the second notable Hong Kong company to announce plans to offload assets in as many days as part of efforts to reduce debt in the face of rising borrowing costs.Most Read from BloombergPutin Claims He’s Back in Control. Russia’s Elite Isn’t SureSwitzerland Blocks Sale of Leopard 1 Tanks Bound for UkraineQatar Group Now Confident of Winning Manchester United RaceSweden Police Give Permit to Koran Burning Near Stockholm MosqueUBS Preparing to Cut Over H  ( 9 min )

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Inventory has been tight recently, as 70% of homeowners are locked into mortgage rates below 4%, leaving many hesitant to sell.  ( 6 min )

The S&P 500 is up by 14% year-to-date but it has not gone unnoticed that the robust performance has been driven by strong displays from the tech mega-caps. According to Goldman Sachs strategist Lily Calcagnini, there are better investment opportunities right now further down the food chain. “Small stocks trade at a valuation discount relative to large caps, suggesting now is an attractive entry point for investors with multi-year investing time horizons,” Calcagnini explained. “Even within the l  ( 10 min )

JPMorgan and Goldman Sachs shares gained ground after passing the Fed's stress test, lifting other financials with them.  ( 1 min )

U.S. equity markets were higher at midday on Thursday, June 29, 2023, boosted by upbeat economic data and bank stress test results.  ( 1 min )

Fed Chair Jerome Powell said bank failures showed more regulation is needed and shares of Micron rose after the chipmaker beat revenue expectations. Here’s what investors need to know today.  ( 1 min )

Shares of Joby, an electric aircraft firm, jumped as high as 30% in early trading after announcing an investment by SK Telecom, while regulators also approved test flights.  ( 1 min )

Japanese car maker Toyota recorded a 10% increase year-over-year (YoY) in its global sales on the heels of recovering supply chains of semiconductors and other parts.  ( 1 min )

OpenAI, the artificial intelligence (AI) company behind ChatGPT, has been hit with a lawsuit alleging it misused vast quantities of internet users’ private data to train its AI tools.  ( 1 min )

Eli Lilly said it will acquire Sigilon Therapeutics in an all-cash deal worth up to $309.6 million.  ( 1 min )

Virgin Galactic heeft donderdagmiddag voor het eerst betalende klanten naar de rand van de ruimte gebracht. Een mijlpaal voor het ruimtevaartbedrijf van Richard Branson, dat al bijna twintig jaar werkt aan het aanbieden van dit soort toeristische vluchten.  ( 4 min )

De lonen in nieuwe cao's zijn in juni met gemiddeld 8,4 procent gestegen en dat is een record. Daarmee stijgen de lonen harder dan de prijzen, want de inflatie bedroeg in mei 6,1 procent.  ( 4 min )

De AKO maakt in 2024 op veertien stations plaats voor de Bruna. Het huurcontract loopt af en de NS wil de verkoop van rookwaren verbannen uit de stations. Voor de leeswinkel zijn de vestigingen dan niet langer rendabel.  ( 3 min )

Klanten van ING hebben opvallend vaak problemen met bijvoorbeeld internetbankieren. De bank presteert op dat punt slechter dan andere Nederlandse banken. Dat is erg vervelend, want we worden steeds afhankelijker van online bankdiensten en onze pinpas.  ( 5 min )

In Spanje is de inflatie in juni gedaald tot 1,9 procent. Daarmee is het het eerste Europese land waar de inflatie onder de 2 procent is beland. Dat percentage is het streven van de Europese Centrale Bank (ECB).  ( 4 min )

Nederland houdt in zijn migratiebeleid te weinig rekening met de ontwikkelingen en krapte op de arbeidsmarkt. Dat schrijft de Organisatie voor Economische Samenwerking en Ontwikkeling (OESO) donderdag in een rapport.  ( 3 min )

België heeft een oplossing gevonden om twee kerncentrales langer open te kunnen houden. Het land wordt samen met energieleverancier ENGIE eigenaar van de reactoren, die nu tot 2035 openblijven. Dat is tien jaar langer dan gepland.  ( 3 min )

Ruim 63.000 werknemers bij de veertien universiteiten in ons land krijgen een loonsverhoging van 9 procent. Verder kunnen zij rekenen op een eenmalige uitkering variërend van 1.200 euro voor de laagste schalen tot 800 euro voor de hoogste.  ( 3 min )

Het aantal pakketjes dat we versturen is vorig jaar wat afgenomen. Dat hangt samen met de heropening van winkels na de coronapandemie, waardoor we weer zelf naar de winkel konden. Toch versturen we nog veel meer pakketjes dan in 2019.  ( 4 min )

De loonafspraken aan de cao-tafels blijven aan de hoge kant. Binnen een week hebben meer dan 500.000 werknemers van supermarkten, drogisterijketen Etos en aanbieders van gehandicaptenzorg er minstens 10 procent bij gekregen. Het advies om gas terug te nemen lijkt aan dovemansoren gericht.  ( 5 min )

Het aantal pakketjes dat we versturen is vorig jaar wat afgenomen. Dat hangt samen met de heropening van winkels na de coronapandemie, waardoor we weer zelf naar de winkel konden. Toch versturen we nog veel meer pakketjes dan in 2019.  ( 4 min )

Het opzeggen van een online abonnement moet makkelijker worden, verkopen aan de deur moeten aan banden worden gelegd en mogelijk komen er strengere regels voor telemarketing. Dit moet consumenten beter beschermen tegen dubieuze praktijken.  ( 5 min )

Het aantal pakketjes dat we versturen is vorig jaar wat afgenomen. Dat hangt samen met de heropening van winkels na de coronapandemie, waardoor we weer zelf naar de winkel konden. Toch versturen we nog veel meer pakketjes dan in 2019.  ( 4 min )

Spaarders bij Rabobank krijgen vanaf 17 juli een hogere rente. Het rentetarief gaat van 1 procent naar 1,25 procent. De bank volgt hiermee het voorbeeld van ABN AMRO.  ( 3 min )

Pretpark de Efteling vreest dat een nieuwe attractie en een nieuw hotel straks niet vol kunnen draaien door een stroomtekort. De pretparkbeheerder heeft een nieuwe aansluiting aangevraagd, maar daarvoor is in Noord-Brabant een lange wachtlijst.  ( 3 min )

De oer-Hollandse vouwwagen is bezig aan een stille opmars. Het aantal vouwwagens is gestegen tot boven de 100.000. Samen met de caravan en de kampeerwagen bezit kampeerminnend Nederland nu meer dan 700.000 kampeervoertuigen.  ( 3 min )

Several banks provide the LGBTQ+ community with services that cater to their financial needs. Learn more about the support that LGBTQ+ friendly banks provide.  ( 26 min )

There are no time limits on filing a claim, although there are benefits to starting the process as soon as possible.  ( 22 min )

Annuities can have fixed or variable returns, and payouts can begin immediately or be deferred to a later date. Keep reading to learn how to make these major decisions.  ( 21 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )

A forward swap, often called a deferred swap, is an agreement between two parties to exchange assets on a fixed date in the future.  ( 18 min )

Concerns over trade restrictions with China and comments from Federal Reserve Chair Jerome Powell helped send the Dow Jones Industrial Average lower by 0.2%, or 64 points, Wednesday.  ( 17 min )

Learn more about the interactions between commodity, bond, stock, and currency markets and the insights they may provide for better investment decision-making.  ( 23 min )

A prepaid debit card can be used like a credit card, but you can only spend as much money as you have loaded on the card. Many of these cards come with significant fees.  ( 23 min )

The selling, general, and administrative expenses (SG&A) category includes all of the overhead costs of doing business.  ( 26 min )

Now that a Brexit deal has finally been reached, here’s what we know about the few winners and many losers of Brexit.  ( 28 min )

There are many different ways to invest in the UK for both residents and those overseas  ( 31 min )

A new lawsuit filed by the current management of failed crypto exchange FTX claims the former CCO is linked to "hush money" paid to two potential whistleblowers and lawyers to cover up fraud.  ( 19 min )

A premium bond is a UK savings account where you are automatically entered into a lottery to win cash.  ( 24 min )

Actor Rob McElhenney has a net worth of about $50 million, thanks to his nearly two-decade run as the creator and actor on the show It's Always Sunny in Philadelphia. McElhenney also has lucrative investments such as the soccer team, Wrexham AFC, and most recently, the Formula 1 team, Alpine.  ( 19 min )

Single entity coverage is a type of insurance policy that covers all real property in a condominium, including common areas and individual units.  ( 17 min )

Two of China's largest payment platforms began partnerships with Visa and Mastercard in 2019. Sidelined due to COVID, those partnerships are now expanding to allow foreign visitors to easily participate in China's popular mobile payments ecosystem.  ( 16 min )

Technically, shares are units of stocks, but the two terms are used interchangeably to refer to securities that denote equity ownership in a company.  ( 25 min )

Understanding how to buy bonds can save you money on fees and boost your returns. Read our tips on how to buy corporate and government bonds.  ( 24 min )

Learn how to calculate the cost basis for mutual funds, which is their original value, adjusted for stock splits, dividends, & capital distributions.  ( 24 min )

An investment fund is the pooled capital of investors that enables the fund manager make investment decisions on their behalf.  ( 18 min )

Passenger revenue has surged as travel demand continues to grow from the COVID-19 pandemic  ( 20 min )

A majority of global venture capitalists invested in AI over the past year, according to PitchBook and Collision.  ( 17 min )

Members of the European Central Bank and the European Commission have said the time is right for a digital euro currency, with strong privacy feautures.  ( 17 min )

U.S. equities were flat at midday on June 28, 2023 after Fed Chair Jerome Powell's latest commentary on monetary policy suggested the Fed might not be done raising rates to curb inflation.  ( 16 min )

Rates on 30-year mortgages have crept up for five days, gaining about an eighth of a point across the week. Most other averages were up as well, though jumbo rates were flat.  ( 20 min )

Running a full bitcoin node has its advantages for investors. Here are two of them.  ( 19 min )

Learn how Coca-Cola makes money with a unique business and distribution model that includes company-owned and franchised bottlers around the globe.  ( 22 min )

General Mills shares tumbled close to 5% in early trading on Wednesday after the company reported weaker-than-expected profit and sales as prices rose and shoppers pulled back.  ( 17 min )

Peloton's subscriptions are the main revenue and profit generators and are growing fast.  ( 20 min )

LGBTQ+ people have a variety of unique financial needs and priorities that financial influencers from LGBTQ+ communities can be well-positioned to speak to.  ( 24 min )

You can potentially negotiate lower debt with lenders by using some key strategies, including by paying a lump sum for debt forgiveness. Learn key tips for debt negotiation.  ( 25 min )

Newsletter for the latest financial news and trends with our newsletters..  ( 10 min )

The efficient frontier comprises investment portfolios that offer the highest expected return for a specific level of risk.  ( 22 min )

Netspend, the pre-paid debit card service, lets cardholders overdraw their accounts only if they have enrolled in its overdraft protection service.  ( 22 min )

The British Bankers Association was the leading trade association that represents those involved in the banking and financial services within the U.K.  ( 23 min )

Nvidia shares fall after a report that the U.S. government could further tighten chip sales to China and Fed Chair Jerome Powell is set to speak along with other central bankers. Here’s what investors need to know today.  ( 19 min )

Zoom's video-first communications platform generates the vast majority of its revenue from sales of subscriptions to customers in the Americas.  ( 20 min )

The house price index (HPI) is a broad measure of the movement of single-family house prices in the United States.  ( 22 min )

Forty-four farms in Mississippi exploited local Black workers by paying higher wages to immigrants who were in the United States on temporary work visas, the U.S. Labor Department said Wednesday. The department announced it completed investigations that it began last year in the rural flatlands of the Mississippi Delta, one of the poorest areas of the U.S. The 44 farms include catfish growers and operations that raise crops such as rice, soybeans and corn.  ( 6 min )

(Bloomberg) -- Micron Technology Inc. gave an upbeat forecast for the current period, indicating that an industry glut is easing even as the chipmaker continues to face challenges in China.Most Read from BloombergPutin Claims He’s Back in Control. Russia’s Elite Isn’t SureSwitzerland Blocks Sale of Leopard 1 Tanks Bound for UkraineQatar Group Now Confident of Winning Manchester United RaceSweden Police Give Permit to Koran Burning Near Stockholm MosqueUBS Preparing to Cut Over Half of Credit Sui  ( 8 min )

(Bloomberg) -- Investors around the world have a warning for hedge funds embracing a popular, highly leveraged Treasuries trade: beware a sudden shift in the yield curve. Most Read from BloombergPutin Claims He’s Back in Control. Russia’s Elite Isn’t SureQatar Group Now Confident of Winning Manchester United RaceSwitzerland Blocks Sale of Leopard 1 Tanks Bound for UkraineUBS Preparing to Cut Over Half of Credit Suisse WorkforceSweden Police Give Permit to Koran Burning Near Stockholm MosqueWith  ( 9 min )

After months of turmoil and an inability to regain meaningful momentum, TuSimple looks at selling its U.S. operations. The post TuSimple prepares to exit US autonomous trucking market appeared first on FreightWaves.  ( 9 min )

The big banks tested by the Federal Reserve showed they could withstand a severe global recession and hundreds of billions in losses.  ( 11 min )

Micron Technology forecast fourth-quarter revenue above Wall Street expectations on Wednesday, banking on a bounce in demand for its memory chips from the fast-growing artificial intelligence (AI) sector. The company expects revenue of $3.9 billion plus or minus $200 million for the quarter ending Aug. 31, compared with estimates of $3.89 billion, according to IBES data from Refinitiv.  ( 6 min )

Apple actually isn't the best performer in the S&P 500 so far this year.  ( 24 min )

Older investors often take too much investment risk by overweighting stocks in their investment portfolios.  ( 24 min )

Wall Street is attempting to attract Gen Z employees with high pay. Citadel is leading the way.  ( 8 min )

To determine how much money you should have in your checking account, consider your expenses, income stability, financial goals and more.  ( 10 min )

Even financial gurus like Warren Buffett, CEO of Berkshire Hathaway Inc., are not immune to making mistakes or bad investments. Buffett has acknowledged a costly “mistake” that impacted the conglomerate’s financials. Despite earning $42.5 billion in 2020, Buffett revealed in his annual letter to shareholders that the company had incurred a substantial loss of $11 billion because of an ill-fated acquisition. Don't Miss: Why Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting  ( 8 min )

Insider's Phil Rosen breaks down how central bank economists expect the new few months to pan out for businesses.  ( 9 min )

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Stocks have climbed in 2023 after suffering through a bear market in 2022. But according to legendary investor Jim Rogers, the next downturn could be more painful. In a recent interview with Real Vision, Rogers explained why his outlook is so bleak. "[In] 2008, we had a bear market because of too much debt," he said. "Look out the window since 2008, debt everywhere has skyrocketed." And that does not bode well for investors. "It's a simple statement that the next bear market will be the worst in  ( 8 min )

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The hype around AI isn't a metaverse moment, BlackRock argues. It's the start of a market mega force.  ( 8 min )

Joby Aviation just received approval to start test-flying its prototype electric vertical takeoff and landing, or eVTOL, aircraft.  ( 22 min )

Older investors often take too much investment risk by overweighting stocks in their investment portfolios.  ( 22 min )

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The U.S. might restrict sales of chips needed for artificial intelligence computing to China.  ( 22 min )

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Nvidia expects no immediate material impact from the reported new restrictions on exports of artificial intelligence chips to China, CNBC reported on Wednesday citing CFO Colette Kress. Shares of the company pared losses and were flat in afternoon trading. The U.S. Commerce Department will stop the shipments of chips made by Nvidia and other chip companies to customers in China as early as July, the Wall Street Journal reported on Tuesday.  ( 6 min )

Bud Light is in the headlines again. The CEO of Anheuser-Busch InBev (NYSE: BUD), the multinational brewing company behind Bud Light, is reportedly planning to go on a tour this summer to listen to consumers. But “Shark Tank” star Kevin O’Leary, also known as Mr. Wonderful, doesn’t believe it will turn things around. “I don’t think that’s going to work,” O’Leary said in a recent interview with Fox Business. “He’s going to get an earful, there’s no question about it. The problem with that tour an  ( 8 min )

The bulk retailer doesn't think nonmembers should enjoy the same benefits as its members, a spokesman said.  ( 22 min )

For investors seeking a clear path in the markets, a signal that cuts through all the noise and identifies stocks likely to gain, corporate insiders cannot be ignored. We’re referring to corporate officers who hold high posts of responsibility within their firms: CEOs, COOs, CFOs, Exec VPs, and members of the Board. These positions provide them with two undeniable attributes: a macro-view of the company and its prospects, and a need to answer to shareholders and directors for company performance  ( 11 min )

Apple has to close at or above $190.73 on Wednesday to obtain a market cap of $3 trillion.  ( 22 min )

The White House is considering new rules on exports of artificial intelligence chips, including those from Nvidia, to China, The Wall Street Journal reported.  ( 26 min )

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(Bloomberg) -- The cachet of Terry Pegula, owner of the National Football League’s Buffalo Bills, is such that even after his blank-check company returned the bulk of its cash to shareholders, it’s still an attractive deal partner. Most Read from BloombergUBS Preparing to Cut Over Half of Credit Suisse WorkforceBiden Can Cancel Student Debt Even If Supreme Court Blocks Order, Advocates SayPutin Claims He’s Back in Control. Russia’s Elite Isn’t SureWagner Chief Lands in Belarus as Putin Says ‘Civ  ( 7 min )

Apple shares edged lower in early trading Wednesday after hitting a record in the prior session. The behemoth is nearing a $3 trillion valuation, which would make it the first company to hit that milestone.  ( 20 min )

(Bloomberg) -- Joby Aviation Inc. surged after receiving US regulatory approval to expand testing of its air taxi, marking another step toward building a business around electric-powered flying vehicles.Most Read from BloombergUBS Preparing to Cut Over Half of Credit Suisse WorkforceBiden Can Cancel Student Debt Even If Supreme Court Blocks Order, Advocates SayWagner Chief Lands in Belarus as Putin Says ‘Civil War’ AvertedPickleball Injuries May Cost Americans Nearly $400 Million This Year, Acco  ( 7 min )

↘️ Nvidia (NVDA): The chipmaker's stock fell nearly 2% in early trading after the Journal reported that the U.S. was [considering new curbs on AI chip exports to China](https://www.wsj.com/articles/u-s-considers-new-curbs-on-ai-chip-exports-to-ch  ( 21 min )

Tesla is having a strong June in China, insurance registration data show.  ( 22 min )

Campbell Soup hit a 52-week low this week, while Ferrari stock hit a 52-week high. Consumer staples are supposed to be more defensive. What gives?  ( 23 min )

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Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 16 min )

The maker of Cheerios and Bisquick pancake mix said its top line rose 3%, boosted by higher prices.  ( 28 min )

The White House is considering new rules on exports of artificial intelligence chips, including those from Nvidia, to China, The Wall Street Journal reported.  ( 23 min )

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Lucid will pursue more deals to sell its luxury electric vehicle (EV) equipment as it looks to grow its technology supply business, its top executive said on Wednesday, adding its recent deal with Aston Martin is just the start. The U.S. EV firm will provide Aston with technology including a rear drive unit with twin motors, battery modules and software for integrating systems under the agreement with the British luxury carmaker announced on Monday. The parts will come from Lucid's plant in Arizona.  ( 7 min )

Spirit AeroSystems shut its plant this past week after its workers rejected a new labor deal. A new vote has been scheduled for Thursday.  ( 26 min )

I'm trying to nail down what metrics I should use to evaluate how well my retirement account is being managed. I've vetted the company that "actively" manages my account. I have $1.5 million invested in a 50/50 mix of stocks … Continue reading → The post Ask an Advisor: I Have $1.5M Invested With My Advisor and I Pay a 0.75% Fee. How Do I Know If I'm Getting the ‘Best Bang for My Buck?' appeared first on SmartAsset Blog.  ( 9 min )

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One of New York's commercial estate property titans has rolled a billion-dollar dice on hybrid work.  ( 7 min )

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(Bloomberg) -- Lordstown Motors Corp. executive Ed Hightower flew to Taiwan from Detroit last year for meetings with leaders of Foxtron, a company affiliated with iPhone assembler Foxconn Technology Group, for talks he thought would kick off development of a new electric vehicle. The CEO ghosted him.Most Read from BloombergUBS Preparing to Cut Over Half of Credit Suisse WorkforceStudent Loan-Relief Backers Warn Biden ‘Failure Isn’t an Option’Wagner Chief Lands in Belarus as Putin Says ‘Civil War  ( 11 min )

Stocks looked set to struggle on Wednesday as techs came under pressure from concerns about more curbs on AI chip exports, with Federal Reserve Chair Jerome Powell due to speak later.  ( 7 min )

Companies that rely on the world's second largest economy for at least a fifth of their revenue such as Nvidia, Advanced Micro Devices and Intel fell as they get trapped in the U.S.-China crossfire. Nvidia fell 4%, Advanced Micro Devices 3.3% and Intel 0.7%, while futures tracking the tech-heavy Nasdaq 100 index edged 0.5% lower. The new restrictions being considered by the Commerce Department would include a ban on the sale of Nvidia's advanced chip called A800 without a special U.S. export license.  ( 7 min )

With U.S. antitrust enforcers determined to stop Microsoft from buying "Call of Duty" maker Activision Blizzard, the companies' two chief executives are expected to testify on Wednesday that the $69 billion deal will be good for gamers and should go forward. The Federal Trade Commission has asked a judge to stop the transaction temporarily in order to allow the agency's in-house judge to decide the case. In the past, the side that lost in federal court often conceded and the in-house process was scrapped.  ( 7 min )

Wall Street is staying with Nvidia as a buy despite fresh concerns on China exports.  ( 8 min )

(Bloomberg) -- Oil trader Pierre Andurand’s losses deepened this month, with his hedge fund slumping to its worst-ever phase of decline.Most Read from BloombergUBS Preparing to Cut Over Half of Credit Suisse WorkforceStudent Loan-Relief Backers Warn Biden ‘Failure Isn’t an Option’Wagner Chief Lands in Belarus as Putin Says ‘Civil War’ AvertedPickleball Injuries May Cost Americans Nearly $400 Million This Year, According to UBSRussia Latest: Turmoil in Moscow May Boost Ukraine Arms AidHis main An  ( 6 min )

Chip makers Nvidia and Advanced Micro Devices slump after a report says the U.S. is considering new restrictions on exports of AI chips to China, drone maker AeroVironment issues fiscal-year guidance better than analysts' expectations, and Micron is scheduled to report quarterly earnings Wednesday.  ( 23 min )

But Meta spent even more on one of its other executives.  ( 7 min )

Miners usually sell bitcoin at favorable prices to keep their extensive computing operations running.  ( 7 min )

(Bloomberg) -- UBS Group AG is planning to cut more than half of Credit Suisse Group AG’s 45,000-strong workforce starting next month as a result of the bank’s emergency takeover.Most Read from BloombergUBS Preparing to Cut Over Half of Credit Suisse WorkforceStudent Loan-Relief Backers Warn Biden ‘Failure Isn’t an Option’Wagner Chief Lands in Belarus as Putin Says ‘Civil War’ AvertedPickleball Injuries May Cost Americans Nearly $400 Million This Year, According to UBSRussia Latest: Turmoil in M  ( 9 min )

(Bloomberg) -- Walgreens Boots Alliance Inc. shares fell the most in three years after the drugstore chain slashed its fiscal-year profit forecast, hurt by fading pandemic demand and a slow transition deeper into health care. Most Read from BloombergStudent Loan-Relief Backers Warn Biden ‘Failure Isn’t an Option’UBS Preparing to Cut Over Half of Credit Suisse WorkforceWagner Chief Lands in Belarus as Putin Says ‘Civil War’ AvertedPickleball Injuries May Cost Americans Nearly $400 Million This Ye  ( 8 min )

Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: upgrades at Pinterest, Saia, Old Dominion, and California Water Service. Pinterest (NYSE:PINS) shares gained more than 3% pre-market today after Wells Fargo upgraded the company to Overweight from Equal Weight and raised its price target to $34.00 from $23.00. According to the firm, Pinterest's strategy to outsource monetization to third parties, including an announced partnership with Amazon (NASDAQ:AMZN), aims to address its attribution and scale issues.  ( 7 min )

Tesla is set to hit another record quarter with its China sales while it faces mounting pressure from local competitors such as BYD eating into its share in the world's largest auto market, analysts say. The U.S. automaker could sell 155,000 cars in China during April to June, an increase of 13% from its record first quarter, according to estimations by Shi Ji, an analyst with China Merchants Bank International Securities. However, Tesla's share in China's battery electric car market would shrink in the quarter to 13.7% from 16% in the first three months, while BYD and Aion, the EV band of Guangzhou Automobile Group, gained share, Shi added.  ( 7 min )

A blazing U.S. stock market rally left shares of energy companies behind in the first six months of 2023 as faltering global growth sapped expectations of oil demand. While the U.S. economy has been more resilient than expected, weaker growth in the eurozone and China has weighed on oil prices, pushing Brent crude down about 16% for the year. The benchmark S&P 500, by comparison, is up 14%.  ( 8 min )

A private investigator surveilled Southern Co.’s CEO, prompting an internal investigation into whether it was commissioned by another executive.  ( 30 min )

(Bloomberg) -- Nvidia Corp. led declines in tech stocks after a report Washington could close loopholes in the sale to China of powerful chips used to train artificial intelligence, potentially denting sales in the world’s top semiconductor market.Most Read from BloombergStudent Loan-Relief Backers Warn Biden ‘Failure Isn’t an Option’UBS Preparing to Cut Over Half of Credit Suisse WorkforceWagner Chief Lands in Belarus as Putin Says ‘Civil War’ AvertedPickleball Injuries May Cost Americans Nearl  ( 8 min )

Gold prices slipped to a more than three-month low on Wednesday after upbeat U.S. economic data cemented expectations of more rate hikes this year as investors positioned for a speech by Federal Reserve Chair Jerome Powell's later in the day. Spot gold fell 0.3% to $1,908.33 per ounce by 0946 GMT, hitting its lowest since mid-March earlier in the session. "Good U.S. economic data remains a headwind for the yellow metal, as it likely keeps Fed officials reiterating a hawkish tone," UBS analyst Giovanni Staunovo said.  ( 7 min )

We often hear investors talk about how hard it is to “beat the market” over time, and when it comes to ETFs, for the most part, they are right. ETFs that beat the broader market indices like the S&P 500 over the long run are rare. Using the Vanguard S&P 500 ETF (NYSEARCA:VOO) as a proxy for the S&P 500, it’s easy to see why. As of the end of the most recent month, the fund has provided enviable total annualized returns of 12.8% over the past three years, 11% over the past five years, and 11.9% o  ( 9 min )

(Reuters) -Oil prices edged higher on Wednesday after industry data showed a larger-than-expected drawdown of U.S. inventories, signalling robust demand from the world's biggest oil consumer, but the gains were limited by worries over interest rate hikes. Brent crude futures rose 34 cents, or 0.47%, to $72.60 a barrel at 0626 GMT, while U.S. West Texas Intermediate (WTI) futures gained 26 cents, or 0.38%, to $67.96 a barrel. Both contracts had fallen by about 2.5% in the previous session on signals that central banks may not be done with interest rate hikes.  ( 8 min )

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Actor Rob McElhenney has a net worth of about $50 million, thanks to his nearly two-decade run as the creator and actor on the show It's Always Sunny in Philadelphia. McElhenney also has lucrative investments such as the soccer team, Wrexham AFC, and most recently, the Formula 1 team, Alpine.  ( 1 min )

Concerns over trade restrictions with China and comments from Federal Reserve Chair Jerome Powell helped send the Dow Jones Industrial Average lower by 0.2%, or 64 points, Wednesday.  ( 1 min )

U.S. equities were flat at midday on June 28, 2023 after Fed Chair Jerome Powell's latest commentary on monetary policy suggested the Fed might not be done raising rates to curb inflation.  ( 1 min )

Nvidia shares fall after a report that the U.S. government could further tighten chip sales to China and Fed Chair Jerome Powell is set to speak along with other central bankers. Here’s what investors need to know today.  ( 1 min )

In het eerste kwartaal van dit jaar was het aantal Nederlandse bedrijven dat over de kop ging gehalveerd ten opzichte van dezelfde periode in 2015, terwijl het aantal faillissementen in de rest van de Europese Unie op hetzelfde niveau lag.  ( 4 min )

De 23 grootste Amerikaanse banken zouden een stevige economische crisis overleven. Dat concludeert de Federal Reserve op basis van zijn jaarlijkse stresstest.  ( 4 min )

Het is dringen op de woningmarkt, waardoor leerkrachten maar ook ouderen soms moeten uitwijken naar een andere woonplaats. De nieuwe Huisvestingswet moet ervoor zorgen dat allerlei mensen vaker voorrang krijgen voor een huis. Hoe werkt dat?  ( 4 min )

De Noorse regering geeft vergunningen af voor negentien nieuwe olie- en gasprojecten. Het gaat onder meer om velden onder de Noordzee. Door het wegvallen van de Russische toevoer van gas is Noorwegen nu voor West-Europa de belangrijkste leverancier.  ( 3 min )

Werknemers met een vaste baan krijgen bij de verdeling van diensten steeds vaker voorrang op zzp'ers. Zo is de voorrang voor sociaal werkers en medewerkers in de gehandicaptenzorg vandaag opgenomen in nieuwe cao's. Ook in de verpleegzorg mag vast personeel eerder kiezen dan zelfstandigen.  ( 4 min )

Leraren eisen een loonsverhoging van 12 procent en willen daarvoor in de herfst stakingen organiseren. De basis- en middelbare scholen willen de lonen wel verhogen, maar zien te weinig financiële ruimte. Daarom vragen ze of het ministerie van Onderwijs kan bijspringen.  ( 5 min )

Betalen met een digitale euro moet overal in de eurozone mogelijk zijn. Gebruikers kunnen daarom straks bij commerciële banken een rekening openen voor de e-euro. Verder worden winkeliers verplicht de digitale munt te accepteren. Dit staat in een voorstel van de Europese Commissie dat woensdag is verschenen.  ( 6 min )

Leraren eisen een loonsverhoging van 12 procent en willen daarvoor in de herfst stakingen organiseren. De basis- en middelbare scholen willen de lonen wel verhogen, maar zien te weinig financiële ruimte. Daarom vragen ze of het ministerie van Onderwijs kan bijspringen.  ( 4 min )

China en Nieuw-Zeeland halen de economische banden aan. Ze gaan meer samenwerken op het gebied van landbouw en de handel tussen de twee landen moet makkelijker worden.  ( 2 min )

Het loket voor het STAP-budget, een tegemoetkoming in de studiekosten, gaat maandag voor de derde keer dit jaar open. Maar er zit nu minder geld in de pot. Na deze ronde veranderen de spelregels, voordat de stekker eruit gaat.  ( 4 min )

Aangezien veel elektriciteitsnetten vol zijn, wil toezichthouder ACM de bestaande netten nóg efficiënter gaan gebruiken. Netbeheerders kunnen bijvoorbeeld energieaansluitingen aanbieden die op piekmomenten niet gebruikt worden.  ( 3 min )

Inwoners van New York hebben zich de afgelopen dagen druk gemaakt over het voortbestaan van de in oven gebakken pizza in de stad. Ze dachten dat de pizza zou verdwijnen, maar hebben een nieuwe maatregel gewoon verkeerd begrepen.  ( 3 min )

Inwoners van New York hebben zich de afgelopen dagen druk gemaakt over het voortbestaan van de in oven gebakken pizza in de stad. Ze dachten dat de pizza zou verdwijnen, maar hebben een nieuwe maatregel gewoon verkeerd begrepen.  ( 3 min )

Klanten van ABN AMRO krijgen vanaf 1 augustus 1,25 procent rente op hun spaargeld. Dat is nu nog 1 procent. Dat meldt de bank dinsdag op zijn website.  ( 3 min )

Vanaf zaterdag wordt de kassabon in de supermarkt weer een stukje langer. Sinds twee jaar staat het statiegeld op kleine flesjes erop, sins een paar maanden het statiegeld op blikjes. Nu komt daar de nieuwe plastictoeslag bij. Of dat helpt bij het terugdringen van de plastic afvalberg, valt te bezien.  ( 5 min )

De overheid is flink wat geld misgelopen door de accijnsverlaging op brandstof, die zaterdag weer deels wordt teruggedraaid. In het eerste kwartaal van dit jaar inde de overheid 255 miljoen euro minder accijns dan een jaar eerder.  ( 4 min )

General Mills shares tumbled close to 5% in early trading on Wednesday after the company reported weaker-than-expected profit and sales as prices rose and shoppers pulled back.  ( 1 min )

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More than 1.2m savers will be forced to pay tax on their interest for the first time this year as a stealth raid by Rishi Sunak brings in billions of pounds for the Treasury.  ( 7 min )

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The Walt Disney Co board did not act negligently when it criticized a sexual identity bill signed by Florida Governor Ron DeSantis, a Delaware judge ruled on Tuesday, in a case the judge said was improperly directed by a conservative legal group. The ruling by Lori Will of Delaware's Court of Chancery means that Disney will not have to turn over internal records including years of board members' emails sought by shareholder Kenneth Simeone, who sued Disney in December. The judge said Simeone cannot use a provision of Delaware corporate law meant to empower shareholders to investigate boardroom wrongdoing to "search for hypothetical conflicts."  ( 7 min )

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The measures, targeting companies the U.S. says the Russian paramilitary group uses to fund its operations, follow a WSJ investigation into the global reach of the organization.  ( 31 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 19 min )

A federal board has sided with one of the largest coal producers in the United States in a contract dispute with a major freight railroad, ordering BNSF Railway to transport at least 4.2 million tons of coal this year for overseas use. The U.S. Surface Transportation Board’s 3-2 order last week said BNSF has the ability to fulfill the contract and still meet the needs of other shippers. The Navajo Transitional Energy Co. sought the order in April.  ( 8 min )

A U.S. bankruptcy judge on Tuesday approved Overstock.com's $21.5 million purchase of Bed Bath & Beyond's brand name, intellectual property and ecommerce platform. U.S. Bankruptcy Judge Vincent Papalia approved the sale at a court hearing in Newark, New Jersey, saying that he was "gratified" to see a bidder emerge that would preserve Bed Bath & Beyond's brand. Overstock emerged as the winning bidder for the company's intellectual property in a deal worth $21.5 million, court filings showed on Thursday.  ( 7 min )

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There’s a stark mismatch in how C-suite execs believe their employees are faring, and the reality.  ( 8 min )

Shares of Apple closed Tuesday at a record high, with the stock edging toward a $3 trillion market cap for the consumer-electronics giant. Apple stock finished today up 1.5% to $188.06. They also set an intraday record, earlier touching $188.39, according to Dow Jones Market Data. The shares would  ( 20 min )

Given the strong stock market rally seen this year has been driven by tech, it has almost been forgotten how different things looked at the onset of 2023. Coming off 2022’s bear market, Wedbush analyst Daniel Ives reminds investors that sentiment around tech stocks was “extremely negative with a cloudy macro, Fed overhang, hard landing worries, and softening consumer/ enterprise demand all creating a dark cloud over the tech sector.” But in the face of such headwinds, the exact opposite occurred  ( 10 min )

At Walgreens, COVID-19 vaccine administrations declined 83% in the most recent quarter, forcing the retailer to cut its profit outlook for 2023.  ( 8 min )

When Wall Street sustains a broad-based rally across different sectors, it’s a sign of market health. In a bull market, financials, energy, tech and healthcare stocks can all rise in tandem. Conversely, when multiple sectors are sold off, it’s usually a sign of a bearish market. This is also true with real estate investment trusts (REITs), which have more than a dozen subsectors in their universe. Over the past month, many of the subsectors have begun to show improving performance after a diffic  ( 9 min )

The good: Americans are saving for retirement at record rates driven in large measure by the growing number of employers automatically enrolling them in workplace 401(k) plans and workers automatically boosting the percentage they contribute each year. The bad: Account balances took a hit in recent years.  ( 9 min )

Apple stock was on pace to hit its fifth all-time high in 2023.  ( 22 min )

The Chinese tech giant faces rising competition from the likes of JD.com and Pinduoduo.  ( 22 min )

The Wall Street Journal reported Tuesday that Ford Motor is laying off about 1,000 workers, including engineers, in an effort to reduce costs.  ( 27 min )

Lordstown's Chapter 11 filing highlights the challenges faced by EV stocks that were investor favorites during the pandemic. Today, they're trading at a fraction of their pandemic highs.  ( 8 min )

Cruise stocks are shaking off Monday’s selloff. Carnival is up more than 8% Tuesday, while Norwegian Cruise Line Holdings and Royal Caribbean Group are both ahead by more than 4%. Cruise stocks fell Monday, after Carnival [reported second-quarter results](https://www.wsj.com/articles/carnival-shar  ( 21 min )

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(Bloomberg) -- Money markets are giving the Federal Reserve a green light to continue shedding Treasury securities from the massive pile accumulated as part of its pandemic response.Most Read from BloombergStudent Loan-Relief Backers Warn Biden ‘Failure Isn’t an Option’UBS Preparing to Cut Over Half of Credit Suisse WorkforceWagner Chief Lands in Belarus as Putin Says ‘Civil War’ AvertedPickleball Injuries May Cost Americans Nearly $400 Million This Year, According to UBSPutin Blasts Wagner ‘Tra  ( 7 min )

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Megan Horneman, who worked at Deutsche Bank before moving to Verdence Capital, says many signals are pointing to an “unavoidable” recession later this year.  ( 8 min )

The ETF saw $500 million worth of trades in the first 15 minutes.  ( 7 min )

(Bloomberg) -- A flurry of data showed surprising strength in several corners of the US economy, painting a picture of resilience and further delaying any likelihood of recession.Most Read from BloombergStudent Loan-Relief Backers Warn Biden ‘Failure Isn’t an Option’Wagner Chief Lands in Belarus as Putin Says ‘Civil War’ AvertedPutin Blasts Wagner ‘Traitors’ as Prigozhin Defends RevoltPickleball Injuries May Cost Americans Nearly $400 Million This Year, According to UBSRussia Latest: Mutiny Lead  ( 7 min )

The Treasury Department erred in giving a loan to trucking company Yellow as part of a 2020 Covid-19 rescue package, according to a new congressional report.  ( 27 min )

A deal with Nvidia will offer generative artificial-intelligence technology to Snowflake's customers. Mizuho analyst Jordan Klein says Snowflake is entering the generative AI arena.  ( 23 min )

(Bloomberg) -- US Treasuries are seen globally as the world’s favored haven asset. Yet it’s short maturities that best fit that definition, according to a Federal Reserve Bank of Dallas paper.Most Read from BloombergStudent Loan-Relief Backers Warn Biden ‘Failure Isn’t an Option’Wagner Chief Lands in Belarus as Putin Says ‘Civil War’ AvertedUBS Preparing to Cut Over Half of Credit Suisse WorkforcePickleball Injuries May Cost Americans Nearly $400 Million This Year, According to UBSPutin Blasts W  ( 6 min )

The wholesale store has seen an uptick of nonmembers shopping using memberships that don't belong to them, a company spokesperson told CBS News.  ( 6 min )

At Walgreens, Covid-19 vaccine administrations declined 83% in the most recent quarter, forcing the retailer to cut its profit outlook for 2023.  ( 8 min )

At Walgreens, Covid-19 vaccine administrations declined 83% in the most recent quarter, forcing the retailer to cut its profit outlook for 2023.  ( 8 min )

Serial entrepreneur Spencer Rascoff is best known as the co-founder and former CEO of the online real estate marketplace Zillow. He also co-founded Pacaso, a platform that aims to make owning a second home more accessible by offering a shared ownership model. Given his role in creating these platforms, one might think that Rascoff must be a big real estate investor. But that’s not really the case. In a recent fireside chat, Arrived Co-Founder and CEO Ryan Frazier asked Rascoff whether he has inv  ( 8 min )

Shares of Yellow Corp. plummeted Tuesday as a lawsuit against Teamsters revealed the company’s options are dwindling and it will be out of cash in a few weeks. The post Yellow running out of options, sues union for $137M appeared first on FreightWaves.  ( 9 min )

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New claims put FTX and Alameda Research founder Sam Bankman-Fried and his friends even closer to the center of a brazen conspiracy.  ( 9 min )

Office property owners who can't pay their mortgages increasingly have decided to give the key back to their lenders, creating downstream losses for investors in commercial mortgage-backed securities.  ( 20 min )

The Chinese tech giant faces rising competition from the likes of JD.com and Pinduoduo.  ( 22 min )

A U.S. judge has rejected Apple's bid to throw out a class-action lawsuit that accused Chief Executive Tim Cook of defrauding shareholders by concealing falling demand for iPhones in China. U.S. District Judge Yvonne Gonzalez Rogers' decision late Monday night clears the way for shareholders led by a British pension fund to sue over a one-day plunge that wiped out $74 billion of Apple's market value. The lawsuit stemmed from Cook's comment on a Nov. 1, 2018, analyst call that while Apple faced sales pressure in markets such as Brazil, India, Russia and Turkey, where currencies had weakened, "I would not put China in that category."  ( 7 min )

Student loan debt is “impairing economic well-being for a widening and diversifying swath of the population.”  ( 8 min )

Whether you love them or hate them, penny stocks are contentious. These tickers, which trade for less than $5 per share, have earned a reputation on Wall Street for their divisive nature, leaving investors struggling to find common ground on the matter. The appeal is clear. For the same price as one share of a more well-known company, investors can snap up hundreds of shares of a penny stock. What’s more, the fact that even minor share price appreciation can translate to irresistible percentage  ( 10 min )

(Bloomberg) -- Alphabet Inc. received another downgrade on Tuesday, with Bernstein becoming the latest firm on Wall Street to step away from the Google parent company.Most Read from BloombergPutin Blasts Wagner ‘Traitors’ as Prigozhin Defends RevoltStudent Loan-Relief Backers Warn Biden ‘Failure Isn’t an Option’Putin Says Russia Avoided ‘Civil War’ as Wagner Mutiny Case EndsThe 10 Worst US Airports for Flight Disruptions This SummerPickleball Injuries May Cost Americans Nearly $400 Million This  ( 7 min )

The parent company of Facebook is seeing strong growth in the video platform Reels, the bank says.  ( 22 min )

Generating enough income in retirement to meet your spending needs is crucial. While Social Security provides inflation-protected retirement income, it's simply not enough for many retirees. If you need help planning for retirement, consider working with a financial advisor. John Rekenthaler, … Continue reading → The post Treasury Bonds vs. TIPS Ladders vs. Annuities: Which Strategy Is Best For Retirement Income? appeared first on SmartAsset Blog.  ( 8 min )

From sunny Caribbean beaches to charming European villages, the expatriate lifestyle offers numerous settings for relaxation, adventure and a refreshing switch from typical American living. However, understanding your tax obligations is essential as a U.S. citizen or permanent resident living … Continue reading → The post What Taxes Expats Pay in the U.S. appeared first on SmartAsset Blog.  ( 11 min )

During the 2019 annual meeting of Daily Journal Corp., renowned billionaire investors Warren Buffett and Charlie Munger engaged in a discussion about their hiring preferences, shedding light on their risk-averse approach. Munger, the 99-year-old vice chairman of Buffett's Berkshire Hathaway Inc. holding company, made a playful remark about Tesla Inc. CEO Elon Musk, emphasizing that Musk would not be his ideal candidate. Munger, who has a reported net worth of $2.5 billion, was responding to a sh  ( 8 min )

Lordstown Motors, which once had a valuation of more than $5 billion, filed for bankruptcy on Tuesday.  ( 8 min )

Bank of America Corp is adding consumer branches in four new U.S. states, it said on Tuesday, bringing its national footprint closer to rival JPMorgan Chase & Co. Bank of America will open new financial centers in Nebraska, Wisconsin, Alabama and Louisiana as part of a four-year expansion across nine markets, including Louisville, Milwaukee and New Orleans. The openings will give BofA a retail presence in 39 states, compared with JPMorgan, the largest U.S. lender, which has branches in 49 states.  ( 7 min )

The drugstore chain says it will step up cost-cutting measures and boost the long-term profitability of its healthcare business.  ( 28 min )

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(Bloomberg) -- When the Federal Reserve ended a years-long policy of ultra-low interest rates, it upended expectations for investments, according to Afsaneh Beschloss, founder and chief executive officer of RockCreek Group.Most Read from BloombergPutin Blasts Wagner ‘Traitors’ as Prigozhin Defends RevoltPutin Says Russia Avoided ‘Civil War’ as Mutiny Case ClosedStudent Loan-Relief Backers Warn Biden ‘Failure Isn’t an Option’Pickleball Injuries May Cost Americans Nearly $400 Million This Year, Ac  ( 12 min )

A plunge in demand for Covid-19 related services, and increasingly cautious consumers focused on value are behind the pharmacy chain's disappointing third-quarter update.  ( 22 min )

The charging industry is adapting to what has essentially become the North American standard.  ( 22 min )

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Unlike “Quiet Quitters”, these workers are acting out their unhappiness and plotting how to directly harm your business.  ( 7 min )

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EV truck maker Lordstown Motors files for bankruptcy and online brokerage Robinhood cuts 7% of its workforce. Here’s what investors need to know today.  ( 18 min )

Commercial electric vehicle startup Lordstown Motors Corp. has filed for Chapter 11 bankruptcy protection nearly two months after it warned that it was in danger of failing. In early May electronics company Foxconn wavered on a $170 million investment in Lordstown. The Ohio company said in a regulatory filing at the time that it had received notice from Foxconn on April 21 that it was in breach of their investment agreement because it had received a delisting warning from Nasdaq two days earlier.  ( 7 min )

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Lordstown files for bankruptcy blaming Apple supplier Foxconn, weight-loss drugs take center stage with Lilly test results, and other news to start your day.  ( 23 min )

Johnson & Johnson's proposed $8.9 billion settlement of thousands of lawsuits alleging that its talc products cause cancer faces a crucial hurdle this week as a U.S. bankruptcy judge in New Jersey considers whether or not a J&J subsidiary may resolve them by filing for bankruptcy a second time. J&J subsidiary LTL Management's first attempt to do that was dismissed in April after a U.S. appeals court ruled that it was not in sufficient financial distress to be eligible for bankruptcy protection.  ( 8 min )

Stocks were setting up for a comeback on Tuesday from a run of losing days, as investors waited for key data to land to provide insight into the US economy.  ( 7 min )

Tesla's soaring stock price to start 2023 has analysts worried shares of the electric-vehicle maker might be looking frothy.  ( 9 min )

(Bloomberg) -- Lordstown Motors Corp. filed for bankruptcy after the electric truck startup’s investment agreement with manufacturing giant Foxconn Technology Group rapidly unraveled.Most Read from BloombergPutin Blasts Wagner ‘Traitors’ as Prigozhin Defends RevoltStudent Loan-Relief Backers Warn Biden ‘Failure Isn’t an Option’The 10 Worst US Airports for Flight Disruptions This SummerRussia Latest: Putin Says Mutiny’s Organizers Sought to DividePutin Faces Historic Threat to Absolute Grip on Po  ( 7 min )

(Bloomberg) -- Prosus NV and its parent Naspers Ltd. received approval from South African regulators to remove a cross-holding structure in a deal that will let Naspers continue a share buyback program. Most Read from BloombergPutin Blasts Wagner ‘Traitors’ as Prigozhin Defends RevoltStudent Loan-Relief Backers Warn Biden ‘Failure Isn’t an Option’The 10 Worst US Airports for Flight Disruptions This SummerRussia Latest: Putin Says Mutiny’s Organizers Sought to DividePutin Faces Historic Threat to  ( 8 min )

(Bloomberg) -- China took a further step to slow the slide in the yuan, setting its daily reference rate for the managed currency at a stronger-than-expected level for a second day. Most Read from BloombergPutin Blasts Wagner ‘Traitors’ After Prigozhin Denies Coup PlotStudent Loan-Relief Backers Warn Biden ‘Failure Isn’t an Option’The 10 Worst US Airports for Flight Disruptions This SummerPutin Faces Historic Threat to Absolute Grip on Power in RussiaRussia Latest: Putin Says Mutiny’s Organizers  ( 7 min )

(Bloomberg) -- Stocks in Asia received a fillip from Hong Kong-listed technology stocks, buoying sentiment after US stocks slid amid concern that the Federal Reserve will push the US into recession.Most Read from BloombergPutin Blasts Wagner ‘Traitors’ After Prigozhin Denies Coup PlotStudent Loan-Relief Backers Warn Biden ‘Failure Isn’t an Option’The 10 Worst US Airports for Flight Disruptions This SummerPutin Faces Historic Threat to Absolute Grip on Power in RussiaRussia Latest: Putin Says Mut  ( 9 min )

The electric-truck maker, once cheered by investors during the SPAC boom and lauded by former President Donald Trump as a savior for a closed GM factory in Ohio, filed for bankruptcy.  ( 29 min )

The US electric truck manufacturer has filed for bankruptcy protection and put itself up for sale after it failed to resolve a dispute over a promised investment from Taiwan company Foxconn.  ( 9 min )

Lawyers for environmentalists and tribes urged a U.S. appeals court on Tuesday to overturn a judge's decision to allow construction to begin on a huge lithium mine in Nevada. A lawyer for four conservation groups seeking to halt the project said a U.S. district judge in Reno illegally exceeded her authority when she refused to revoke the mine's operation plan in March despite her conclusion that federal land managers had violated the law in approving parts of it. “This is the first time in public land history that we have a major project violating a number of provisions but is allowed to go forward,” Roger Flynn, an environmental lawyer told a three-judge panel of the 9th Circuit Court of Appeals.  ( 9 min )

The Florida governor is arguing that the company lacks standing to sue him and another state official.  ( 29 min )

Canada’s Case Lake is the center of one of the most exciting rare metal discoveries of the last decade, with a small explorer unearthing what could be the only new cesium play in existence  ( 19 min )

Tech and retail stocks helped lift the Dow Jones, while Walgreens plummeted after lowering its earnings outlook  ( 1 min )

The number of deals more than tripled from 2019 to 2023, as the median AUM for acquired firms grew and deal completion time shrunk.  ( 1 min )

Markets rise on Tuesday, June 27, 2023 on positive news about consumer confidence and rising travel demand.  ( 1 min )

U.S. equities were in positive territory at midday on June 27, 2023, as consumer confidence rose amid optimism about spending and travel demand.  ( 1 min )

EV truck maker Lordstown Motors files for bankruptcy and online brokerage Robinhood cuts 7% of its workforce. Here’s what investors need to know today.  ( 1 min )

The Consumer Confidence Index is a survey that measures how optimistic or pessimistic consumers are regarding their expected financial situation.  ( 23 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )

Fewer than half of CEOs said they have reduced or redeployed their workforce due to AI, though more than a quarter plan to do so within a year  ( 17 min )

The number of deals more than tripled from 2019 to 2023, as the median AUM for acquired firms grew and deal completion time shrunk.  ( 17 min )

A court filing in Nevada has revealed crypto custodian Prime Trust only has 3.5% of the cash owed to its clients as the firm is placed into receivership.  ( 17 min )

The debt ratio is a fundamental analysis measure that looks at the extent of a company’s leverage.  ( 27 min )

Lakshmi Mittal is executive chairman of ArcelorMittal. He is known as a global leader in the steel industry.  ( 21 min )

Tech and retail stocks helped lift the Dow Jones, while Walgreens plummeted after lowering its earnings outlook  ( 17 min )

Markets rise on Tuesday, June 27, 2023 on positive news about consumer confidence and rising travel demand.  ( 16 min )

Generac shares jumped 8.8% on Tuesday as a searing heat wave in the Southern U.S. drove up generator demand.  ( 16 min )

You may need travel insurance to offer financial protection if you cancel an expensive, nonrefundable vacation for an approved reason. Learn about its other benefits.  ( 24 min )

A participating policy is insurance that pays dividends to policyholders. Dividends come from the profits of the insurance company that sold the policy.  ( 21 min )

U.S. home prices fell in April from a year earlier, the first year-over-year price decline in 11 years as higher mortgage rates made home purchases more expensive.  ( 17 min )

Trade price response is a technical analysis strategy that establishes a position based on what the price of a security does after it crosses a threshold.  ( 19 min )

Delta shares jumped on Tuesday after the airline raised its current quarter and full-year profit and revenue forecast, citing pent-up demand following the COVID-19 travel slump.  ( 17 min )

Learn how options can help an investor create capital protected investments (CPIs). For most investors, protecting their initial investment often becomes the deciding factor when selecting investment options.  ( 23 min )

A checking account is an account held at a financial institution that allows deposits and withdrawals. Learn how checking accounts work and how to get one.  ( 28 min )

Chase Manhattan, Bear Stearns, Bank One, Washington Mutual, Cazenove, InstaMed, and WePay are major companies owned by JPMorgan Chase & Co.  ( 26 min )

Eligible expenses for ABLE accounts are referred to as qualified disability expenses (QDEs) and cover a broad range of items and services.  ( 24 min )

Rishi Sunak is a finance professional and politician, who was appointed prime minister of the United Kingdom in October 2022.  ( 25 min )

Already at a 15-year high, the top savings account rate is now 5.17% APY. Or you can choose from one of nine other options that are paying 5.00% or more.  ( 19 min )

Explore some common ethical dilemmas investment professionals may face, and guidance on how to avoid or overcome the situation to better serve clients.  ( 25 min )

All things equal, a woman's manner and life experiences may mesh better with female clients.  ( 24 min )

Amid low inventory of existing homes, homebuyers turned to new construction, pushing new home sales higher in May.  ( 16 min )

U.S. equities were in positive territory at midday on June 27, 2023, as consumer confidence rose amid optimism about spending and travel demand.  ( 16 min )

Consumers’ feelings about their own finances and the broader economy improved in June, although not enough to quell widespread fears of an impending recession, according to The Conference Board’s preliminary Consumer Confidence Survey.  ( 17 min )

About 80% say an established credit history is key to feeling more financially independent.  ( 16 min )

Walgreens shares plummeted on Tuesday after the drugstore chain slashed its full-year earnings guidance, citing reduced consumer spending and slowing demand for COVID-19 products and services.  ( 16 min )

The accounting cycle is a process of recording, analyzing, adjusting, finalizing, and reporting a company's accounting activities for an accounting period.  ( 22 min )

A new survey from EY said that almost half of US car buyers intend to buy an electric vehicle.  ( 17 min )

A home equity loan can be a cheap way to access a large amount of cash, but is it a good idea?  ( 22 min )

Eli Lilly shares rose in early trading on Tuesday after a trial showed its retatrutide weight loss drug could help patients lose more weight than other drugs, including Novo Nordisk's Ozempic.  ( 17 min )

Median rents fell in May from a year earlier, though they remain 25% higher than before the pandemic.  ( 17 min )

Lordstown Motors filed for bankruptcy and sued Foxconn after a funding deal with the Taiwan-based manufacturer failed to materialize.  ( 18 min )

Tesco is a leader in the U.K. grocery market sector with several competitors.  ( 19 min )

Averages on fixed-rate mortgage products held mostly steady for a second day, while adjustable-rate averages were mixed and the jumbo 30-year average fell.  ( 20 min )

Think you may want to retire in the U.K. as an American? To start your planning, here's an idea of the costs and visas needed along with a few top destinations.  ( 23 min )

The fast market rule is a rule in the United Kingdom that allows traders to trade outside quoted ranges if a fast market develops.  ( 20 min )

Office property owners who can't pay their mortgages increasingly have decided to give the key back to their lenders, creating downstream losses for investors in commercial mortgage-backed securities.  ( 19 min )

A borrower may pay a drop-dead fee to a lender when a financial transaction fails to complete.  ( 19 min )

Ally Bank CD rates are competitive, and there is no minimum deposit required to open. Several term options, as well as a special no-penalty CD, are available.  ( 20 min )

The type of advisor you work with and the fee structure they offer will affect how much you pay  ( 25 min )

The Russian ruble (RUB) is the currency of Russia and is the second-oldest currency still in circulation, behind the British pound sterling. The Russian ruble is made up of 100 kopeks.  ( 24 min )

Expand your definition of a lucrative client and broaden your client search methods to build your book of business.  ( 24 min )

Consumers said they have serious concerns about making debt and mortgage repayments as student loan payments restart.  ( 16 min )

The Association of British Insurers (ABI) is a large advocacy association focused on regulations and policymaking within the insurance industry.  ( 20 min )

The Sun Belt cemented its position as a top destination, driven by the persistence of remote work.  ( 18 min )

The British royal family has a massive portfolio of property, art, and more. But calculating its value can be very difficult.  ( 22 min )

EV truck maker Lordstown Motors files for bankruptcy and online brokerage Robinhood cuts 7% of its workforce. Here’s what investors need to know today.  ( 18 min )

Offshore banking units (OBUs) make loans in the Eurocurrency market when they accept deposits from foreign banks and other OBUs.  ( 23 min )

The tax rules for 401(k) rollovers can be simple or complex, depending on which path you take.  ( 21 min )

Walgreens shares plummeted on Tuesday after the drugstore chain slashed its full-year earnings guidance, citing reduced consumer spending and slowing demand for COVID-19 products and services.  ( 1 min )

Lordstown Motors filed for bankruptcy and sued Foxconn after a funding deal with the Taiwan-based manufacturer failed to materialize.  ( 1 min )

Generac shares jumped 8.8% on Tuesday as a searing heat wave in the Southern U.S. drove up generator demand.  ( 1 min )

Delta shares jumped on Tuesday after the airline raised its current quarter and full-year profit and revenue forecast, citing pent-up demand following the COVID-19 travel slump.  ( 1 min )

Eli Lilly shares rose in early trading on Tuesday after a trial showed its retatrutide weight loss drug could help patients lose more weight than other drugs, including Novo Nordisk's Ozempic.  ( 1 min )

De ruim vijftig winkels van Score blijven na het faillissement van afgelopen vrijdag voorlopig open. Ondertussen zijn er al partijen die de kledingwinkels mogelijk willen overnemen. Het personeel hoeft niet te vrezen voor z'n loon.  ( 3 min )

Veel mensen is het een doorn in het oog: een verkoper van een energieleverancier die aan de deur komt vertellen dat je veel goedkoper uit bent als je overstapt. Als het aan de Tweede Kamer ligt, komt daar binnenkort een einde aan.  ( 3 min )

Paniek bij aanstaande moeders en vaders: het kan nog weleens lastig zijn om te trakteren op beschuit met muisjes. Door leveringsproblemen ontbreken de roze, blauwe en gestampte muisjes in de schappen van de supermarkten.  ( 3 min )

Gemeenten krijgen niet de optie om woningen die zijn verkocht voor een bedrag tot 355.000 euro toe te wijzen aan mensen met een laag- of middeninkomen. Een ruime Kamermeerderheid veegde dit plan van minister Hugo de Jonge (Volkshuisvesting) dinsdagmiddag van tafel.  ( 4 min )

De 2.750 werknemers van drogisterijketen Etos krijgen een loonsverhoging van 10 procent. Vakbond FNV en moederbedrijf Ahold Delhaize hebben dinsdag een nieuwe cao afgesloten.  ( 4 min )

De grote Britse supermarktketens ontkennen dat ze de prijzen extra verhogen voor eigen gewin. De bestuursvoorzitters van grootgrutters Tesco, Sainsbury's, Asda and Morrisons moesten dinsdag op het matje komen en zijn op de vingers getikt door Britse parlementsleden.  ( 4 min )

De Europese Centrale Bank zal de rentetarieven in juli waarschijnlijk weer verhogen, zo kondigde ECB-president Christine Lagarde dinsdag aan. Daarmee komt het hoogste renteniveau sinds het begin van de euro in zicht.  ( 4 min )

Voormalig Audi-baas Rupert Stadler hoeft niet de cel in vanwege zijn rol bij het dieselschandaal van moederbedrijf Volkswagen. Hij krijgt wel een voorwaardelijke celstraf van een jaar en negen maanden. Ook moet het oud-bestuurslid van VW 1,1 miljoen euro betalen.  ( 4 min )

Klanten van ABN AMRO krijgen vanaf 1 augustus 1,25 procent rente op hun spaargeld. Dat is nu nog 1 procent. Dat meldt de bank dinsdag op zijn website.  ( 3 min )

Met de zomervakantie voor de deur meldt het bedrijf dat veel winkeltjes op Schiphol runt geen wegwerpflesjes met water meer te verkopen. Daardoor zouden 750.000 plastic flesjes minder weggegooid worden. Maar hoe kom je dan aan water als je gaat vliegen?  ( 4 min )

Een Canadese vastgoedbelegger heeft 6.900 Nederlandse huurwoningen te koop gezet. Het bedrijf wil zich puur op de Canadese huizenmarkt richten, meldt het FD. De kabinetsplannen om de huursector verder te reguleren heeft het minder aantrekkelijk gemaakt om huizen te verhuren.  ( 3 min )

Online kledingwinkel Zalando vindt het niet terecht dat de Europese Commissie het bedrijf bestempelt als een zeer groot platform. Daardoor valt de webwinkel vanaf 25 augustus onder een strenge nieuwe Europese wet. Het bedrijf wil dat met een rechtszaak voorkomen.  ( 4 min )

Eenzijdig pauzes, toeslagen of kleine vergoedingen schrappen: bedrijven in verschillende sectoren doen dat regelmatig. Het leidt tot onrust op de werkvloer. Maar kunnen werkgevers wel zo eenvoudig arbeidsvoorwaarden schrappen? Nee, zeggen arbeidsrechtdeskundigen.  ( 5 min )

We zijn in vijf jaar tijd bijna een kwart meer gaan betalen voor onze tv- en internetaansluiting. Maar ons internet is ook veel sneller geworden, waardoor we in verhouding goedkoper uit zijn.  ( 3 min )

Een deel van de winkels op Schiphol stopt per direct met het verkopen van plastic wegwerpwaterflessen. Zo wordt volgens de grootste retailer op de luchthaven het weggooien van 750.000 plastic flesjes voorkomen.  ( 3 min )

Webshops die ten onrechte beweren dat een aanbieding nog maar een paar minuten geldt, zijn daarop aangesproken door toezichthouder ACM. Deze vorm van misleiding is verboden.  ( 3 min )

Webshops die ten onrechte beweren dat een aanbieding nog maar een paar minuten geldt, zijn daarop aangesproken door toezichthouder ACM. Deze vorm van misleiding is verboden.  ( 3 min )

Een deel van de winkels op Schiphol stopt per direct met het verkopen van plastic wegwerpwaterflessen. Zo wordt volgens de grootste retailer op de luchthaven het weggooien van 750.000 plastic flesjes voorkomen.  ( 3 min )

Een deel van de winkels op Schiphol stopt per direct met het verkopen van plastic wegwerpwaterflessen. Op deze manier wordt volgens Schiphol Airport Retail (SAR), met twaalf winkels de grootste retailer op de luchthaven, het weggooien van 750.000 plastic flesjes voorkomen.  ( 3 min )

Paul Pelosi bought 5,000 shares of both Apple and Microsoft stocks on June 15, exercising 50 call options purchased on May 24, 2022.  ( 7 min )

Warren Buffett has cautioned that a spike in the so-called Buffett indicator is a "very strong warning signal" for the stock market.  ( 6 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 19 min )

With new job cuts, Ford Motor Company says the industry is so dynamic now that it needs to constantly hire and let go employees as technology evolves.  ( 8 min )

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A class-action lawsuit filed against the restaurant group that owns Jon & Vinny's has started a larger conversation on the ethics of service fees and tipping. L.A. Times readers share their thoughts.  ( 9 min )

Warren Buffett's choice of vehicle has become a topic of interest among many people. Renowned for his frugal and simple lifestyle, the billionaire investor drives a 2014 Cadillac XTS. While some billionaires indulge in extravagant cars as a visible symbol of wealth and success, Buffett's preference for older models reflects his unique approach to life and finances. Buffett's frugality and minimalist mindset have been key factors in his tremendous success as an investor. His ability to seek value  ( 8 min )

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There’s one thing they can all agree on: Office properties are in trouble.  ( 11 min )

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Even accounting for recent losses, the tech-heavy NASDAQ index is up 28% so far this year, leading the way in an overall bullish market. The surge in the NASDAQ has been fueled by investors gravitating towards tech giants. According to Chris Harvey, head of equity strategy for Wells Fargo, the rally is solid, and it will remain so until the Federal Reserve cranks up interest rates enough to kill it. Harvey notes that inflation, while falling, remains persistently above the central bank’s 2% targ  ( 10 min )

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Nvidia stock was taking it on the chin Monday. There wasn't an obvious cause for the drop, but the EV maker could be the reason.  ( 26 min )

The developments in Russia have been closely watched, given crude’s volatility in 2022 following Moscow's invasion of Ukraine.  ( 8 min )

The firm had over 39,000 employees in the U.S. at the end of its last fiscal year on Sept. 30. KPMG, which cut about 2% of its U.S. workforce in February as per a Financial Times report, was the first of the world's four biggest accountancy firms to slash jobs in the country. In April, Ernst & Young's U.S. division shed 5% of its workforce.  ( 6 min )

Whales are on the move again, this time shifting 100 Bitcoin from two wallets.  ( 6 min )

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(Bloomberg) -- Buyout titan Robert Smith’s Vista Equity Partners more than doubled its initial investment in Apptio Inc. after International Business Machines Corp. agreed to acquire the software maker for $4.6 billion.Most Read from BloombergRussia Latest: Zelenskiy Adviser Says Wagner Remains in UkrainePrigozhin Denies He Planned Coup, Says Wagner Will SurvivePutin Faces Historic Threat to Absolute Grip on Power in RussiaSilence Cloaks Kremlin After Russian Mutiny Against PutinPutin's Biggest  ( 8 min )

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EV maker Lucid announced a deal with Aston Martin to white label its EV tech as the luxury automaker looks to build out its electric offerings later this decade.  ( 8 min )

Getting individual investors to vote will be a problem. There also has been criticism because of a big tax bill for longtime holders.  ( 22 min )

Carnival Corporation shares fell more than 10% on Monday. One analyst says the cruise liner is a victim of its own success.  ( 8 min )

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(Bloomberg) -- A Florida state agency is selling municipal bonds to backstop the state’s homeowner’s insurance industry after a surge of claims and litigation drove some insurers to shutter.Most Read from BloombergRussia Latest: Zelenskiy Adviser Says Wagner Remains in UkrainePutin Faces Historic Threat to Absolute Grip on Power in RussiaSilence Cloaks Kremlin After Russian Mutiny Against PutinPrigozhin Denies He Planned Coup, Says Wagner Will SurvivePutin's Biggest Mistakes in the Wagner Uprisi  ( 7 min )

Shares of Lucid Group jumped after Aston Martin Lagonda said it intended to enter a supply deal with the startup to create luxury electric vehicles. California-based Lucid shares were up nearly 5% in afternoon trading aft  ( 21 min )

Warren Buffett, the billionaire CEO of Berkshire Hathaway Inc., has made countless successful investments in his lifetime. But when it comes to his favorite investment, you might be surprised to learn that it’s not a tech giant or a blue-chip company but a small candy business called See’s Candies. Despite representing less than 0.1% of Berkshire Hathaway’s holdings, Buffett has repeatedly called it the “prototype of a dream business” and even keeps a box of See's peanut brittle at hand during s  ( 8 min )

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(Bloomberg) -- Copper is poised to follow other commodities upended by recent price surges as the mining industry struggles to expand ahead of accelerating demand, warns the man behind some of the world’s biggest mines.Most Read from BloombergRussia Latest: Zelenskiy Adviser Says Wagner Remains in UkrainePutin Faces Historic Threat to Absolute Grip on Power in RussiaSilence Cloaks Kremlin After Russian Mutiny Against PutinWagner Chief Says He Had No Plan to Overthrow Putin’s GovernmentPrigozhin  ( 9 min )

The fairness of the U.S. tax system has long been debated. Earlier this month, President Joe Biden tweeted, “It’s about time the super-wealthy start paying their fair share.” The message caught the attention of Tesla Inc. CEO and Twitter Inc. owner Elon Musk. “Please give him the password, so he can do his own tweets,” Musk replied, implying that the tweet wasn’t written by the commander in chief himself. But the billionaire business tycoon actually agrees with Biden’s view. “In all seriousness,  ( 9 min )

Goldman Sachs became the latest Wall Street firm to downgrade Tesla stock as analysts react to a more than 100% rally in the stock so far this year.  ( 8 min )

Wall Street analysts are downgrading some of the market's best performers -- but that doesn't mean they're downbeat on the outlook for tech.  ( 8 min )

(Bloomberg) -- Carnival Corp. shares tumbled by the most in more than seven months after the cruise-ship operator reported quarterly results and an annual forecast that failed to keep pace with the high expectations that had fueled a sharp rally in the stock. Most Read from BloombergRussia Latest: Zelenskiy Adviser Says Wagner Remains in UkrainePutin Faces Historic Threat to Absolute Grip on Power in RussiaSilence Cloaks Kremlin After Russian Mutiny Against PutinPrigozhin Turns Forces Back in De  ( 8 min )

Shares of cruise lines fell Monday after Carnival reported a second-quarter loss. The cruise operator was the S&P 500’s worst performer, shedding about 11%. Even with the daily decline, Carnival's shares have jumped about 25% this month, rising alongside those of rivals Royal Caribbean and Norwegi  ( 21 min )

Goldman Sachs Group Inc (NYSE: GS) reportedly has begun laying off managing directors globally. Goldman has started cutting managing directors across the globe as the firm reduces its headcount amid deals slump, reported Bloomberg, citing people familiar with the matter. Around 125 MDs, including some in investment banking, will lose their jobs, stated the source. Related: Goldman Sachs Sees Ghosts of Stagflation, Warns of Tight Times Ahead Investment banks have been reducing the headcount, as t  ( 7 min )

Broadcom and Apple now face trial over how much they owe university for patent infringement.  ( 28 min )

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JPMorgan Chase & Co. board member Jim Crown died on Sunday in an accident, it said in a memo from JPMorgan's CEO Jamie Dimon which was seen by Reuters. "He was an integral part of JPMorgan Chase and our lives, and his presence will be deeply missed," Dimon said in a message to the board of directors. Crown, 70, was also the chairman and chief executive officer of Henry Crown and Co, a privately owned company that invests in public and private securities, real estate, and operating companies.  ( 6 min )

The company posted a narrower-than-expected loss for its second quarter, beating Wall Street estimates.  ( 22 min )

Contract workers were notified late Friday that it was their last day of work. Ford also plans to lay off salaried employees as soon as Monday.  ( 8 min )

Virgin Galactic announces it will be flying to the edge of space on Thursday.  ( 22 min )

UBS analyst Eliana Merle upgraded Moderna stock to Buy from Neutral, but trimmed the price target. The Covid and RSV businesses alone are worth $123 a share, she says.  ( 23 min )

Following in the footsteps of one of Wall Street’s investing giants is a well-known strategy for those looking for alpha in the markets. But is there a better blueprint out there? There is! Tracking the moves of not one, but two investing legends. And when two stock pickers with almost unrivaled success are seen leaning into the same names, surely investors are keen to find out why they are piquing the interest of the leaders in the field. In this case, we’re talking about Warren Buffett and Ken  ( 10 min )

The court said it would decide a case that asks whether people and companies have to receive, or realize, income for it to be taxed under the 16th Amendment.  ( 29 min )

The acquisition for the healthcare-service provider is worth $101 a share.  ( 22 min )

The Bank for International Settlements, the central bank to the world, warned unsustainable debt levels mean the global economy is not out of the woods.  ( 7 min )

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MIAMI (AP) — Carnival Corp. (CCL) on Monday reported a loss of $407 million in its fiscal second quarter. The Miami-based company said it had a loss of 32 cents per share. The results beat Wall Street expectations.  ( 6 min )

The industry looks headed for a major rebound, defying expectations of a long-term decline. Stocks such as Diamond Offshore Drilling and Noble could surge 50% or more.  ( 23 min )

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Pfizer stock is selling off after the pharma giant announced it's discontinuing development of an experimental weight loss drug. Pfizer said it [halted development](https://investors.pfizer.com/Investors/News/news-details/2023/Pfizer-Provides-Update-on-GLP-1-RA-Clinical-Development-Program-for-Adul  ( 20 min )

If you die without naming a beneficiary for your 401(k) account, the rules for your retirement plan will likely require that funds in the account be considered part of your estate and have to go through probate. The probate process … Continue reading → The post What Happens to Your 401(k) If You Die Without a Beneficiary? appeared first on SmartAsset Blog.  ( 8 min )

Fight the Fed at your own risk.  ( 8 min )

After five consecutive quarters of declining productivity, CEOs must abandon the sinking ship of forced in-office work and embrace flexible work.  ( 9 min )

The all-cash deal for the IT management company is subject to approvals and is expected to close later this year.  ( 22 min )

Google-parent Alphabet might be a long-term winner in AI but UBS analysts downgraded the stock on its more immediate risks.  ( 26 min )

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Change has been the norm for Meta the past 12 months. One top exec at the company says the change has worked creative wonders.  ( 8 min )

Shares of the bank were hammered earlier in the year amid the turmoil among regional banks triggered by the collapse of Silicon Valley Bank.  ( 22 min )

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(Bloomberg) -- PacWest Bancorp sold a $3.5 billion asset-backed loan portfolio to Ares Management Corp. as it continues to offload assets to boost its liquidity amid concerns about deposit outflows. Most Read from BloombergRussia Latest: Zelenskiy Adviser Says Wagner Remains in UkraineSilence Cloaks Kremlin After Russian Mutiny Against PutinPrigozhin Turns Forces Back in Deal With Kremlin to Drop ChargesPutin Faces Historic Threat to Absolute Grip on Power in RussiaGoldman Sachs Is Cutting About  ( 7 min )

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The all-cash deal for the IT management company is subject to approvals and is expected to close later this year.  ( 22 min )

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Goldman Sachs analyst Mark Delaney downgrades Tesla stock to Hold from Buy while raising his price target to $248 from $185.  ( 22 min )

Dealers are stuffed with record negative gamma in BTC. With only a little move in the spot price, "we could witness fireworks," one observer said.  ( 8 min )

Private-equity firm Ares Management said on Monday it had acquired a $3.5 billion specialty finance loan portfolio from PacWest Bancorp. Over the past month, PacWest has also sold its real estate lending unit and a huge chunk of its real estate loans. Shares of the bank were up 2.4% at $7.23 in premarket trading.  ( 6 min )

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The demand for warehouse space remains strong from online retailers.  ( 27 min )

South American country Guyana doesn’t want to join the cartel and aims to pump oil rapidly.  ( 32 min )

Enterprise Products Partners, LP (EPD) is a big yield pick with income safety, strong business fundamentals, and significant insider buying, asserts Rida Morwa, income expert and editor of High Dividend Opportunities.  ( 7 min )

(Bloomberg) -- The barrage of fresh Treasury bills poised to hit the market over the next few months is merely a prelude of what’s yet to come: a wave of longer-term debt sales that’s seen driving bond yields even higher.Most Read from BloombergRussia Latest: Zelenskiy Adviser Says Wagner Remains in UkraineSilence Cloaks Kremlin After Russian Mutiny Against PutinPrigozhin Turns Forces Back in Deal With Kremlin to Drop ChargesPutin Faces Historic Threat to Absolute Grip on Power in RussiaGoldman  ( 8 min )

Stock futures pointed to a slightly lower open on Monday, as investors considered what the weekend's short-lived challenge to Putin by armed mercenaries in Russia means for markets.  ( 7 min )

Aston Martin is deepening its ties with Saudi Arabia after striking a deal with US luxury electric car company Lucid.  ( 7 min )

Lucid reaches a supply agreement with Aston Martin that will give Lucid a 3.7% stake in the British luxury car maker, Tesla shares fall, and Alphabet declines after the stock is downgraded.  ( 23 min )

(Bloomberg) -- Few stocks have better embodied Wall Street’s frenzy around artificial intelligence lately than Palantir Technologies Inc.Most Read from BloombergRussia Latest: Zelenskiy Adviser Says Wagner Remains in UkraineSilence Cloaks Kremlin After Russian Mutiny Against PutinPrigozhin Turns Forces Back in Deal With Kremlin to Drop ChargesPutin Faces Historic Threat to Absolute Grip on Power in RussiaThe Wagner Mutiny Foreshadows a Russian DefeatAfter a rough couple of years, the shares more  ( 9 min )

The rally could sustain cash-burning companies until climate-law subsidies kick in.  ( 29 min )

Bitcoin falls Monday but holds above $30,000. An analyst says there are price levels to watch after the cryptocurrency's rally.  ( 22 min )

(Bloomberg) -- Two giants in China’s oil and refining sector have taken the biggest opposing positions in Middle East crude trading in years, transforming global cargo flows and puzzling oil traders the world over.Most Read from BloombergRussia Latest: Zelenskiy Adviser Says Wagner Remains in UkraineSilence Cloaks Kremlin After Russian Mutiny Against PutinPrigozhin Turns Forces Back in Deal With Kremlin to Drop ChargesPutin Faces Historic Threat to Absolute Grip on Power in RussiaThe Wagner Muti  ( 9 min )

(Bloomberg) -- HSBC Holdings Plc is planning to leave its Canary Wharf headquarters and relocate to the City of London, the latest sign of how a shift to flexible work is reshaping demand for offices. Most Read from BloombergRussia Latest: Zelenskiy Adviser Says Wagner Remains in UkraineSilence Cloaks Kremlin After Russian Mutiny Against PutinPrigozhin Turns Forces Back in Deal With Kremlin to Drop ChargesThe Wagner Mutiny Foreshadows a Russian DefeatPutin Faces Historic Threat to Absolute Grip  ( 7 min )

(Bloomberg) -- China’s smartphone shipments jumped 22.6% in May, accelerating sharply from previous months in a positive sign for the country’s struggling mobile device industry.Most Read from BloombergRussia Latest: Zelenskiy Adviser Says Wagner Remains in UkraineSilence Cloaks Kremlin After Russian Mutiny Against PutinPrigozhin Turns Forces Back in Deal With Kremlin to Drop ChargesThe Wagner Mutiny Foreshadows a Russian DefeatPutin Faces Historic Threat to Absolute Grip on Power in RussiaPhone  ( 7 min )

(Bloomberg) -- One of Wall Street’s most bearish strategists said US equities are facing a wall of worry, which could fuel a sharp selloff in the near future. Most Read from BloombergRussia Latest: Zelenskiy Adviser Says Wagner Remains in UkraineSilence Cloaks Kremlin After Russian Mutiny Against PutinPrigozhin Turns Forces Back in Deal With Kremlin to Drop ChargesThe Wagner Mutiny Foreshadows a Russian DefeatPutin Faces Historic Threat to Absolute Grip on Power in RussiaMorgan Stanley’s Michael  ( 7 min )

The pan-European STOXX 600 index was down 0.3% by 0717 GMT, after posting its biggest weekly percentage loss in three months at the end of a central bank policy-packed week on Friday. The energy sector, meanwhile, gained 0.2% as oil prices climbed after a revolt by Russian mercenaries over the weekend stoked concerns about a potential hit to oil supply from Russia. The banking index was the biggest drag on the STOXX index, down 1%, with shares of Deutsche Bank falling 2.4%.  ( 6 min )

Shares of upscale burger chain Shake Shack have wiped out last year’s losses, while 23andMe stock set a record low.  ( 23 min )

(Bloomberg) -- Two more Chinese developers have failed to meet dollar-bond payments, occurring amid renewed home-sales softness and a lack of aggressive stimulus. Most Read from BloombergSilence Cloaks Kremlin After Russian Mutiny Against PutinPrigozhin Turns Forces Back in Deal With Kremlin to Drop ChargesRussia Latest: Zelenskiy Adviser Says Wagner Remains in UkraineThe Wagner Mutiny Foreshadows a Russian DefeatRussia Latest: Kremlin Says It Gave Prigozhin Deal to End MutinyCentral China Real  ( 8 min )

(Bloomberg) -- Volatility has returned to European natural gas, driven in large part by a wave of new investors who bet that prices will fall.Most Read from BloombergSilence Cloaks Kremlin After Russian Mutiny Against PutinRussia Latest: Zelenskiy Adviser Says Wagner Remains in UkrainePrigozhin Turns Forces Back in Deal With Kremlin to Drop ChargesThe Wagner Mutiny Foreshadows a Russian DefeatRussia Latest: Kremlin Says It Gave Prigozhin Deal to End MutinyThe turbulence started this month with p  ( 7 min )

British luxury carmaker Aston Martin said on Monday it would enter into an agreement with Lucid Group to manufacture "high performance" electric vehicles (EVs). As part of the agreement, U.S.-based luxury EV maker Lucid will supply Aston Martin with select powertrain components for initial and certain future battery-electric vehicle (BEV) models. Under the terms of the proposed agreement, Aston Martin would issue about 28.4 million new ordinary shares and make phased cash payments to Lucid totalling about $232 million, while Lucid would become a 3.7% shareholder in the car maker.  ( 7 min )

The Russian rouble tumbled to a near 15-month low against the dollar as markets responded for the first time to the short-lived military coup against Vladimir Putin.  ( 6 min )

Deutsche Bank has told clients it can no longer guarantee full access to Russian stocks that belong to them, underlining the challenges global investors face to recover stranded investments in the country's companies. Germany's largest bank said in a note dated June 9 and viewed by Reuters that it had uncovered a shortfall in the shares that back the depositary receipts (DRs) the bank had issued before the Ukraine invasion. The shares have been held in Russia by a different depositary bank.  ( 8 min )

(Bloomberg) -- JD.com Inc. aims to create an independent unit by merging its 7Fresh supermarket chain with other online services, establishing a retailer of fresh food and groceries that serves millions nationwide.Most Read from BloombergSilence Cloaks Kremlin After Russian Mutiny Against PutinRussia Latest: Zelenskiy Adviser Says Wagner Remains in UkrainePrigozhin Turns Forces Back in Deal With Kremlin to Drop ChargesThe Wagner Mutiny Foreshadows a Russian DefeatRussia Latest: Kremlin Says It G  ( 7 min )

Massive taxpayer handouts and a money-printing spree helped stoke inflation in Britain and around the world, with years of interest rate pain now needed to get the crisis under control according to a top central banker.  ( 8 min )

Big U.S. lenders are expected to show they have ample capital to weather any fresh turmoil in the banking sector during this week's Federal Reserve health checks, although resulting investor payouts are likely to dip slightly, analysts said. The central bank on Wednesday will release the results of its bank "stress tests" which assess how much capital banks would need to withstand a severe economic downturn. The 2023 tests come in the wake of this year's banking crisis in which Silicon Valley Bank and two other lenders failed.  ( 8 min )

There has been a flurry of trading tied to continued advances in everything from artificial-intelligence stocks to smaller, economically sensitive companies and regional banks.  ( 30 min )

NIO, which had resisted cutting prices until recently, has become a symbol of the challenges automakers face in the world’s largest electric-vehicle market.  ( 29 min )

BENGALURU (Reuters) -India's second-largest IT services firm Infosys said on Monday it was selected by Denmark-based Danske Bank as a partner to accelerate the lender's digital transformation. The deal is valued at $454 million for five years with an option to renew for one additional year for a maximum of three times, Infosys said in a statement. "This is backed by significant investments in digitalisation and technology, including plans to further develop our customer-facing digital solutions, and modernising our technology infrastructure to enable even better customer experiences and drive operational efficiency," said Frans Woelders, chief operating officer of Danske Bank, in a statement.  ( 6 min )

(Bloomberg) -- China set its daily reference rate for the yuan at a stronger-than-expected level to slow its slide, as the managed currency weakened in the offshore market while there was a holiday on the mainland.Most Read from BloombergSilence Cloaks Kremlin After Russian Mutiny Against PutinPrigozhin Turns Forces Back in Deal With Kremlin to Drop ChargesThe Wagner Mutiny Foreshadows a Russian DefeatRussia Latest: Zelenskiy Adviser Says Wagner Remains in UkraineRussia Latest: Kremlin Says It G  ( 6 min )

With Industrias Penoles leading the pack, these are the 10 biggest silver mining companies by 12-month trailing revenue.  ( 20 min )

With Walmart leading the pack, these are the 10 biggest companies in the world as measured by 12-month trailing revenue.  ( 22 min )

They joke that retirement is boring, but some acknowledge a deeper fear of becoming irrelevant if they quit.  ( 28 min )

(Bloomberg) -- Shares of a small Japanese chip design firm have quintupled since it listed in October, supercharged by expectations of a boom in silicon demand driven by artificial intelligence.Most Read from BloombergSilence Cloaks Kremlin After Russian Mutiny Against PutinPrigozhin Turns Forces Back in Deal With Kremlin to Drop ChargesThe Wagner Mutiny Foreshadows a Russian DefeatRussia Latest: Biden, Zelenskiy Discuss US Aid in Wake of MutinyRussia Latest: Kremlin Says It Gave Prigozhin Deal  ( 7 min )

Bitcoin held ground above US$30,000 following a week of traditional financial institutions showing interest in financial instruments that include the token. The U.S. regulator approved the first leveraged Bitcoin Futures ETF on Friday.  ( 7 min )

(Bloomberg) -- Investors are conceding that the Federal Reserve is now intensely focused on fighting inflation and less concerned about higher interest rates breaking the US economy.Most Read from BloombergSilence Cloaks Kremlin After Russian Mutiny Against PutinPrigozhin Turns Forces Back in Deal With Kremlin to Drop ChargesThe Wagner Mutiny Foreshadows a Russian DefeatRussia Latest: Biden, Zelenskiy Discuss US Aid in Wake of MutinyRussia Latest: Kremlin Says It Gave Prigozhin Deal to End Mutin  ( 7 min )

A short gold ETF is an exchange-traded fund (ETF) that seeks to profit from a decline in the price of gold.  ( 23 min )

You may find similar rates on both, but money market accounts and high-yield checking accounts have different purposes and requirements that may determine which is best for you.  ( 25 min )

The savings account at Apple Bank offers competitive rates, but are they competitive enough? We reviewed Apple Bank so you can decide if the bank is right for you.  ( 19 min )

Apple Bank offers a variety of CDs with rates that beat the national average, but fall short of the leading issuers. Learn more about Apple Bank’s certificates of deposit.  ( 18 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 19 min )

Does opening a savings account in an overseas bank make sense for your money? Explore the pros and cons and how to launch the process.  ( 22 min )

Investing successfully has to do with a trader's biases and heuristics just as much as a trader's investment strategy and analysis.  ( 27 min )

The real inflation rate could be far lower than the 4% reported in the widely-watched Consumer Price Index. A group of researchers claims there is a “major flaw” in the way the government calculates inflation.  ( 17 min )

The Dow Jones Industrial Average seesawed throughout the day to finish essentially unchanged after breaking a three-week winning streak last Friday.  ( 16 min )

If you don’t have the cash, should you use the equity you have in your home to modify it so that you can stay in it longer?  ( 22 min )

See why the modified internal rate of return (MIRR) is often superior to the regular internal rate of return (IRR) for assessing a project.  ( 26 min )

Markets Open Last Week of Q2 on Monday, June 26 in the Red as Tech Stocks Slide.  ( 16 min )

Meta Platforms launched a VR gamer subscription service that costs $7.99 a month, or $59.99 for a full year in a move that could boost its revenue stream.  ( 16 min )

President Biden on Monday unveiled a $42 billion effort to provide more than 8.5 million households with high-speed internet access.  ( 17 min )

Carnival shares sank on Monday after the company's current quarter profit outlook missed expectations as costs climbed.  ( 17 min )

Bankrupt cryptocurrency exchange FTX owes $8.7 billion to its customers, mostly in misappropriated fiat and stablecoin funds but the new management has managed to recover $7 billion in liquid assets.  ( 17 min )

Roger Aliaga-Diaz of The Vanguard Group joins The Express to explain why investors should lower their expectations for future stock returns, and how to build a balanced portfolio now to withstand the next few years of high interest rates.  ( 18 min )

The Confederation of British Industry is the premier lobbying organization for U.K. businesses on national and international issues.  ( 19 min )

Personal loan rates decreased slightly this week to 21.37%, a drop of a single basis point since last week when the average personal loan rate sat at 21.38%.  ( 17 min )

A government broker is a British stockbroker who works for the U.K. government and purchases and sells government securities on the London Stock Exchange.  ( 19 min )

On Monday, markets were digesting the implications of a Russian mercenary commander’s aborted attempt to capture Moscow over the weekend.  ( 18 min )

UnitedHealth Group outbid Option Care's offer to buy home healthcare provider Amedisys.  ( 17 min )

Financial Times Stock Exchange Group (FTSE) is a British company specializing in index offerings for the global financial markets.  ( 21 min )

Taylor Swift has amassed a net worth of an estimated $570 million, thanks to record-breaking concert ticket and album sales, as well as a sprawling real estate empire.  ( 22 min )

Whether or not your insurance plan covers a specific gender-affirming treatment depends on your state, employer, and the plan’s benefits.  ( 28 min )

Hollywood star Ryan Reynolds, best known for his work as Deadpool, is also an entrepreneur who has earned millions of dollars from his business ventures.  ( 22 min )

A payroll card is a prepaid card employers can use to pay an employee's wages or salary each payday.  ( 19 min )

U.S. equities were little changed at midday on Monday, June 26, 2023 heading into the last trading week of the month, quarter, and first half.  ( 16 min )

Compare and contrast CFDs and spread betting, which offer significant market exposure with a small initial deposit.  ( 22 min )

Pfizer shares fell after ending development of an oral treatment for obesity and diabetes.  ( 16 min )

Mortgage rates showed minimal movement Friday, with most averages holding steady or edging up just a basis point or two. The jumbo 30-year average was flat for a fourth day.  ( 19 min )

The Michigan Consumer Sentiment Index has provided a key leading indicator for investors and economists for decades. This respected index is published monthly from the results of random telephone surveys.  ( 20 min )

A first of its kind agreement for Lucid allows the electric-vehicle maker to act as a supplier and diversify its revenue stream.  ( 17 min )

PacWest shares gained close to 7% in early trading on Monday after announcing it would sell a $3.5 billion loan portfolio to Ares Management.  ( 17 min )

The Organization of the Petroleum Exporting Countries on Monday said global oil demand will rise 23% to 110 million barrels per day by 2045 as the global economy doubles in size.  ( 17 min )

IBM announced today that it aims to acquire software provider Apptio as its latest push into cloud-computing and AI technology.  ( 17 min )

A bursary award is provided to students to help cover college-related expenses in the U.K. and Canada.  ( 20 min )

Health insurance premiums can be expensive, but there are ways to save money. Check out our tips for reducing your health insurance costs and find top insurers.  ( 21 min )

Cycle billing is a bookkeeping strategy that involves invoicing customers on different days of the month, based on a schedule, versus billing every customer on the same day.  ( 19 min )

Health insurance is essential, but getting the coverage while you’re unemployed can be difficult. Learn how to get health insurance without a job and stay covered.  ( 23 min )

The average monthly cost of general liability insurance for a personal trainer is about $34, but premiums vary based on several factors, including the company you choose.  ( 22 min )

There are plenty of ways to end up with a bad mortgage. The risks of these five should make every home buyer think twice before signing.  ( 23 min )

The average monthly cost of insurance for cleaning companies ranges from $96 to $114, based on data from leading commercial insurance marketplace Insureon.  ( 20 min )

A pure yield pickup swap happens when bonds with lower returns and shorter maturity rates are swapped for higher-return, longer-maturity bonds.  ( 19 min )

Return on new invested capital (RONIC) is a calculation used to determine the expected rate of return for deploying new capital on projects and services.  ( 18 min )

Lucid shares surged after announcing a deal with luxury automaker Aston Martin, and Tesla shares fell as Goldman Sachs analysts join others in downgrading the stock. Here’s what investors need to know today.  ( 17 min )

Rate level risk is the probability that an interest-bearing asset will lose value if market interest rates increase above its coupon rate.  ( 18 min )

Zambian-born economist Dambisa Moyo has written about macroeconomics and global affairs and served on the boards of Chevron, 3M, Condé Nast, Barclays.  ( 23 min )

Delta-gamma hedging is an options strategy combining delta and gamma hedges to reduce the risk of changes in the underlying asset and in delta itself.  ( 19 min )

To capitalize is to record a cost/expense on the balance sheet for the purposes of delaying full recognition of the expense. In general, capitalizing expenses is beneficial as companies acquiring new assets with long-term lifespans can amortize the costs.  ( 24 min )

Understand the meaning of demand deposits and term deposits, and learn about the major differences between the two.  ( 25 min )

An interchange is the transfer of information between computers. Within business circles, it typically refers to an electronic data interchange, or EDI.  ( 21 min )

A foreign transaction fee is a 1%–3% charge for transactions made using a domestic payment card in a foreign country.  ( 22 min )

With Walmart leading the pack, these are the 10 biggest companies in the world as measured by 12-month trailing revenue.  ( 22 min )

Society for Worldwide Interbank Financial Telecommunications is a cooperative providing secure messaging for fund transfers across national borders.  ( 21 min )

With Industrias Penoles leading the pack, these are the 10 biggest silver mining companies by 12-month trailing revenue.  ( 20 min )

A convenience fee is charged when a consumer pays with an electronic payment card rather than by cash, check, or Automated Clearing House (ACH) transfer.  ( 22 min )

A foreign bank branch is a branch or an outpost of a larger bank that operates in foreign locations.  ( 20 min )

The American Recovery and Reinvestment Act of 2009 (ARRA) was legislation passed by the U.S. Congress to reverse unemployment caused by the Great Recession of 2008.  ( 26 min )

Meta Platforms launched a VR gamer subscription service that costs $7.99 a month, or $59.99 for a full year in a move that could boost its revenue stream.  ( 1 min )

Carnival shares sank on Monday after the company's current quarter profit outlook missed expectations as costs climbed.  ( 1 min )

UnitedHealth Group outbid Option Care's offer to buy home healthcare provider Amedisys.  ( 1 min )

PacWest shares gained close to 7% in early trading on Monday after announcing it would sell a $3.5 billion loan portfolio to Ares Management.  ( 1 min )

IBM announced today that it aims to acquire software provider Apptio as its latest push into cloud-computing and AI technology.  ( 1 min )

Pfizer shares fell after ending development of an oral treatment for obesity and diabetes.  ( 1 min )

A first of its kind agreement for Lucid allows the electric-vehicle maker to act as a supplier and diversify its revenue stream.  ( 1 min )

Webwinkelgigant Amazon verdient meer geld aan de persoonsgegevens van klanten dan de verkoop van producten, volgens Stichting Data Bescherming Nederland. De claimstichting eist namens alle Nederlandse gebruikers een schadevergoeding, omdat het techbedrijf op grote schaal hun privacy zou schenden.  ( 4 min )

Mensen met een arbeidsbeperking staan ondanks de grote vraag naar personeel nog vaak aan de kant. Hoewel er de laatste tijd veel regelingen en afspraken zijn gemaakt om meer mensen met een beperking aan het werk te krijgen, is dit nog lang niet altijd terug te zien in de praktijk.  ( 3 min )

Brabantse bedrijven en instellingen die veel elektriciteit verbruiken kunnen de komende vijf tot tien jaar geen nieuwe stroomaansluiting meer krijgen. De druk op het elektriciteitsnet is te hoog en netbeheerder Enexis zegt al heel veel aanvragen te hebben.  ( 4 min )

Energieleverancier Vattenfall halveert de vergoeding aan klanten voor overtollige zonne-energie. Vanaf 1 augustus krijgen zij geen 17 cent meer, maar afgerond 8 cent per kilowattuur. Het bedrijf laat weten dat er te veel stroom wordt teruggeleverd voor de vergoeding.  ( 3 min )

Wie vanaf volgende maand een lening afsluit, gaat mogelijk meer rente betalen. Ook ben je wellicht meer geld kwijt aan rood staan en kopen op afbetaling. Oorzaak is dat de maximaal toegestane rente omhooggaat. Dat heeft het ministerie van Financiën besloten.  ( 3 min )

Het is maar zeer de vraag of de Europese Unie haar klimaatdoelen voor 2030 gaat halen. Het is onduidelijk of de EU-lidstaten voldoende maatregelen nemen, wat die eigenlijk kosten en wie ervoor betaalt.  ( 4 min )

Vapers die graag smaken als appeltaart of sorbet roken, hebben een paar maanden langer de tijd voordat deze rookwaren van de markt verdwijnen. Het ministerie van Volksgezondheid schuift het verbod op smaakjes op naar 1 januari 2024. Daarna mag er alleen nog tabakssmaak verkocht worden.  ( 3 min )

De Turkse lira is maandag naar een dieptepunt gezakt ten opzichte van de Amerikaanse dollar. 1 dollar was op het laagste punt 26,05 lira waard. Daarmee is de waarde van de Turkse munt dit jaar al 28 procent gedaald.  ( 3 min )

Nog altijd betaalt ongeveer de helft van de Nederlanders meer dan het prijsplafond voor stroom en gas. Dat aantal is wel een stuk kleiner dan aan het begin van het jaar, toen nog ruim 70 procent erboven zat.  ( 3 min )

Een Britse hacker is door de rechtbank in San Francisco veroordeeld tot een gevangenisstraf van vijf jaar. De 23-jarige cybercrimineel krijgt de straf onder meer voor de digitale inbraak bij Twitter in 2020. Daarbij nam hij de accounts van onder anderen politicus Geert Wilders over.  ( 4 min )

Nog altijd betaalt ongeveer de helft van de Nederlanders meer dan het prijsplafond voor stroom en gas. Dat aantal is wel een stuk kleiner dan aan het begin van het jaar, toen nog ruim 70 procent erboven zat.  ( 3 min )

GasTerra, dat zich bezighield met de handel en het leveren van Gronings gas, sluit niet in 2024 de deuren, maar pas in 2026. Dat heeft het gashandelsbedrijf dat voor de helft in handen is van de Staat en voor de andere helft van Shell en ExxonMobil, bekendgemaakt.  ( 3 min )

De Russische roebel is maandag met 3 procent gedaald ten opzichte van de dollar, nadat een aanval van Wagner-huurlingen zaterdag op het laatste moment was voorkomen. Het is voor het eerst sinds maart 2022 dat de koers van de munt zo laag is.  ( 4 min )

De Russische roebel is maandag met 3 procent gedaald ten opzichte van de dollar, nadat een aanval van Wagner-huurlingen zaterdag op het laatste moment was voorkomen. Het is voor het eerst sinds maart 2022 dat de koers van de munt zo laag is.  ( 4 min )

Deutsche Bank heeft aan klanten laten weten dat de bank geen garanties meer kan bieden over hun Russische aandelen. Het gaat om zogeheten waardepapieren die garant staan voor het aandelenbezit.  ( 3 min )

Er zijn vorig jaar veel meer vergunningen voor tijdelijke woningen afgegeven dan een jaar eerder. Vooral arbeidsmigranten en vluchtelingen kregen vaker een tijdelijke woning aangeboden.  ( 3 min )

Klanten van de ING-bank zagen zaterdag en zondag dubbele afschriften in hun betalingsoverzicht staan als ze hadden afgerekend met een pinpas. Dat kwam door een storing bij de bank, die inmiddels is opgelost.  ( 3 min )

Bij de brand in Arnhem werd pijnlijk duidelijk hoe het werk van de brandweer als gevolg van de energietransitie is veranderd. De brandweer weet dat allang. Maar wij hebben nog niet zo door hoe hun werk beïnvloed wordt doordat wij vaker elektrisch rijden en we onze huizen veranderen in mini-energiecentrales.  ( 5 min )

Zijn jongeren anno 2023 alleen maar bezig met hun influencercarrière? Niets is minder waar. Ze steken deze zomer gewoon echt de handen uit de mouwen. Werkgevers moeten wél flink hun best doen om scholieren en studenten te strikken.  ( 6 min )

Zijn jongeren anno 2023 alleen maar bezig met hun influencercarrière? Niets is minder waar. Ze steken deze zomer gewoon echt de handen uit de mouwen. Werkgevers moeten wél flink hun best doen om scholieren en studenten te strikken.  ( 6 min )

Markets Open Last Week of Q2 on Monday, June 26 in the Red as Tech Stocks Slide.  ( 1 min )

U.S. equities were little changed at midday on Monday, June 26, 2023 heading into the last trading week of the month, quarter, and first half.  ( 1 min )

Lucid shares surged after announcing a deal with luxury automaker Aston Martin, and Tesla shares fell as Goldman Sachs analysts join others in downgrading the stock. Here’s what investors need to know today.  ( 1 min )

A western account is an agreement among underwriters (AAU) in which each party shares responsibility for only a specific portion of the new issuance.  ( 17 min )

Understand the basics of a profit and loss (P&L) statement, and how it helps investors evaluate a company's financial condition and future growth.  ( 19 min )

Cash flow financing is a form of financing in which a loan made to a company is backed by the company's expected cash flows.  ( 19 min )

Mortgage equity withdrawal (MEW) refers to the removal of equity from the value of a home through a loan against the market value of the property.  ( 18 min )

A portfolio entry is a listing of all liabilities a reinsurer is responsible for when it enters into a reinsurance treaty.  ( 17 min )

The middle class refers to individuals who fall between the working class and the upper class. Those in the middle class often are employed as professionals, managers, and civil servants.  ( 22 min )

Simultaneous closing is a real estate financing strategy in which two simultaneous transactions occur during the closing on a single property.  ( 17 min )

GNF, or the Guinea franc, is the currency of the Republic of Guinea.  ( 19 min )

Effective market segmentation not only identifies the most profitable customers—it also optimizes pricing, distribution, and new product development.  ( 25 min )

An injunction is a court order requiring a person or entity to either do or cease doing a specific action.  ( 19 min )

Canceling or deactivating a Netspend card is a much easier process than signing up, and only requires a call, a check request, or an ATM withdrawal.  ( 20 min )

Comparative negligence is a principle of tort law commonly used to assign blame and award monetary damages to injured parties in auto accidents.  ( 19 min )

Saving for college is a major investment that can span years. CDs can take several years to mature. So can you use CDs to fund a 529?  ( 22 min )

A venture capitalist (VC) is an investor that provides capital to new businesses, typically startups with high growth potential, in exchange for an equity stake.  ( 25 min )

Square and Stripe are transforming payment processing. Square is primarily used for in-person payments and Stripe is used primarily for Internet transactions.  ( 21 min )

The harmonic mean is a type of numerical average that is used in finance to average multiples like the price-to-earnings ratio.  ( 22 min )

Learn how Netspend prepaid debit cards work and if they are right for you. Protect yourself and your finances by understanding the details.  ( 21 min )

The cooperation clause in an insurance contract requires the policyholder to assist the insurer in the event a claim is filed against the policy.  ( 20 min )

Red ink is financial jargon describing the red coloring of accounting entries used to denote losses or negative outcomes.  ( 18 min )

A mortgage broker can work with you to choose the right lender and assist in the application process. Here is how to find a mortgage broker.  ( 22 min )

NBA legend Michael Jordan is selling his majority stake in the Charlotte Hornets for an estimated $3 billion. One of the best basketball players in NBA history, Jordan has a net worth of $2 billion as of 2023, thanks to lucrative endorsements such as Nike and the Jordan Brand, and other business ventures.  ( 19 min )

Fidelity MSCI Energy Index ETF has the lowest fees, SPDR S&P Oil & Gas Equipment Services ETF has the best return, and Energy Select Sector SPDR Fund is the most liquid  ( 21 min )

This esteemed investor rarely changes his long-term investing strategy, no matter what the market does.  ( 22 min )

A customer information file (CIF) in banking is a computerized record of a customer's relevant personal and account data.  ( 21 min )

Oil prices rose in early Asian trade on Monday after a failed mutiny by Russian mercenaries over the weekend raised concerns about political instability in Russia and the potential impact on oil supply from one of the world's largest producers. U.S. West Texas Intermediate (WTI) crude was at $70.04 a barrel, up 88 cents, or 1.3%. However, the challenge has raised questions about President Vladimir Putin's grip on power and concerns about possible disruption of Russian oil supply.  ( 7 min )

(Bloomberg) -- Oil climbed as investors weighed the fallout from an attempted mutiny in Russia against Vladimir Putin’s almost quarter-century rule, while concerns over a global slowdown remained.Most Read from BloombergSilence Cloaks Kremlin After Russian Mutiny Against PutinPrigozhin Turns Forces Back in Deal With Kremlin to Drop ChargesThe Wagner Mutiny Foreshadows a Russian DefeatRussia Latest: Kremlin Says It Gave Prigozhin Deal to End MutinyRussia Latest: Biden, Zelenskiy Discuss US Aid in  ( 6 min )

China is relentlessly adding new petrochemical capacity despite a global glut as the country's refiners diversify from transport fuels, threatening to depress margins worldwide through 2024 as weak economic growth saps demand. In an ominous sign for producers of the chemicals used in plastic packaging, polyester clothing and auto parts, refiners' profit margins on processing naphtha to make ethylene turned negative last week for the first time since October. The profit crunch is being driven by China's refiners boosting output of olefins such as ethylene to offset an expected decline in sales of petrol and diesel as electric vehicle take-up accelerates.  ( 7 min )

(Bloomberg) -- Oil and US equity futures edged higher Monday while major currencies traded within narrow ranges versus the dollar in the wake of a mutiny that challenged Vladimir Putin’s rule in Russia.Most Read from BloombergSilence Cloaks Kremlin After Russian Mutiny Against PutinPrigozhin Turns Forces Back in Deal With Kremlin to Drop ChargesThe Wagner Mutiny Foreshadows a Russian DefeatRussia Latest: Kremlin Says It Gave Prigozhin Deal to End MutinyRussia Latest: Biden, Zelenskiy Discuss US  ( 9 min )

Investors will never stop looking for the best time to enter or exit the markets, but it is a very difficult move to get right. As fabled investor Peter Lynch has put it, “Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.” With this in mind, Ari Wald, the Head of Technical Analysis at Oppenheimer says a better way to assess where the market is at is to follow the trend. More specifically, from a  ( 10 min )

Asian markets on Monday kick off what looks like a pretty light week for regional economic, policy and corporate drivers, with all eyes on how investors react to the extraordinary events in Russia over the weekend. It is unclear what the immediate impact of Russian mercenaries' advance on Moscow, retreat and apparent deal with President Vladimir Putin will be on risk appetite and demand for traditional 'safe haven' assets like gold, Treasuries, the Japanese yen or the U.S. dollar. These assets would likely have attracted strong investor demand first thing on Monday morning had the Wagner group's march on Moscow continued.  ( 7 min )

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In recent weeks, strategists across Wall Street have revised up their year-end targets for the S&P 500. These updated calls incorporate the improving outlook for earnings, expectations for the Fed to soon dial back hawkish monetary policy, and the fact that stock prices have mostly gone up since the beginning of the year.  ( 11 min )

Earnings reports from Nike, General Mills, Carnival, Micron, Walgreens, and more. Plus, core PCE inflation data and Federal Reserve bank stress test results.  ( 22 min )

The financing would make $1.25 billion of cash available immediately to Wolfspeed, while another $750 million could be drawn later, Bloomberg News reported. In September last year, Wolfspeed said it will build a multi-billion dollar factory in Chatham County, North Carolina, to make the raw materials used for chips that power things like electric vehicles as demand surges. Apollo Global Management and Wolfspeed did not immediately respond to requests for comment.  ( 6 min )

Companies of all stripes are using the technology  ( 11 min )

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IRL hit a $1.2 billion valuation a few years ago and boasted of its "unicorn status."  ( 7 min )

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We’re in the midst of a general bullish trend, with strong year-to-date gains, but last week saw a brake on that rally, with a losing week across the main indexes. Call it a warning sign. While sentiment remains solid, the headwinds are gathering. The Federal Reserve held interest rates steady in its June meeting, after more than a year of hikes to combat inflation, but inflation, while down to 4% annualized, is still double the target rate. Conventional wisdom says that the Fed isn’t done hikin  ( 11 min )

After a bump in the 2023 stock market rally to end last week, investor focus will remain on how economic data might impact the Fed's next interest rate decision in the week ahead.  ( 10 min )

Not only do Zoomers think they’ll retire at 60 on average, but 2 in 5 of them also expect to live to 100.  ( 9 min )

Amazon is set to hit a major milestone in 2024: Becoming the largest retailer in the US, according to J.P. Morgan analysts.  ( 8 min )

(Bloomberg) -- As a dizzying first half for US stocks draws to a close, the Nasdaq 100 Index is poised for its best opening six months to a year ever, and Wall Street is growing concerned that the Federal Reserve will derail the rally.Most Read from BloombergPrigozhin Turns Forces Back in Deal With Kremlin to Drop ChargesThe Wagner Mutiny Foreshadows a Russian DefeatRussia Latest: Kremlin Says It Gave Prigozhin Deal to End MutinySilence Cloaks the Kremlin After Russian Mutiny Against PutinWagner  ( 8 min )

Last week was the first time for quite a while that I have heard people using the expression “basket case Britain”. It was the latest inflation numbers that prompted this reaction.  ( 8 min )

If $1 million was once the consensus target for retirement savings in the U.S., that appears to be changing. A recent Schwab Retirement Plan Services survey found that 401(k) plan participants across the country now believe they must save $1.9 … Continue reading → The post 401(k) Plan Participants Say They Need to Save This Much to Retire appeared first on SmartAsset Blog.  ( 8 min )

In a world where the stock market is unpredictable and interest rates are rising, many investors are looking for someplace to put their money that is as close to risk-free as possible - even if it means forgoing the chance … Continue reading → The post How to Buy More than $10,000 in I Bonds Through This Loophole appeared first on SmartAsset Blog.  ( 7 min )

Portfolio shifts are a common occurrence for investors, especially active ones. Over time, assets shift out of balance from their original assigned portions and could take you out of your comfort zone. Rebalancing your portfolio realigns your assets to meet … Continue reading → The post Here's How Often You Should Rebalance Your Portfolio, According to Vanguard appeared first on SmartAsset Blog.  ( 7 min )

Annuities are a form of hybrid financial product. Part investment and part contract, they're primarily sold by insurance companies as a way to save for retirement. While in recent years they have come under criticism for below-market returns, many retirees … Continue reading → The post How Much Would a $1.5 Million Annuity Pay? appeared first on SmartAsset Blog.  ( 10 min )

Like most assets, you can inherit an individual retirement account (IRA) after the owner's death. And for spouses, inheriting an IRA is a relatively straightforward process. In most cases, you can simply assume ownership or even roll the inherited account over … Continue reading → The post How to Split an Inherited IRA Between Siblings appeared first on SmartAsset Blog.  ( 10 min )

Retirement is a big milestone for many, and planning for retirement can constitute a large financial goal that takes years to reach. In fact, data from the Federal Reserve indicates that the majority of Americans only have $65,000 saved for … Continue reading → The post Approaching Retirement? T. Rowe Price Says You Need This Much Saved Based on Your Income appeared first on SmartAsset Blog.  ( 9 min )

Following the recent bank collapses there's good reason to be concerned about how much of your money is and isn't insured. The bad news: Just because an account is held by a bank doesn't automatically mean it's insured. The good … Continue reading → The post This Move Lets You Insure $1.5 Million or More at a Single Bank appeared first on SmartAsset Blog.  ( 9 min )

Financial services giant Fidelity has a rule for retirement savings you may have heard of: Have 10 times your annual salary saved for retirement by age 67. This oft-cited guideline can help you identify a retirement savings goal, but it … Continue reading → The post Should the 45% Rule Guide Your Retirement Strategy? appeared first on SmartAsset Blog.  ( 8 min )

Despite being multi-millionaires, early retirees Mindy and Carl can't shake their scarcity mentality around money.  ( 8 min )

Some of the biggest names in finance are making new bets on digital currencies, helping the industry rally even as it faces rising legal scrutiny.  ( 9 min )

(Bloomberg) -- A rally in some of the world’s riskiest emerging markets, triggered by a pivot to market-friendly policies, is already showing signs of fatigue.Most Read from BloombergPrigozhin Turns Forces Back in Deal With Kremlin to Drop ChargesThe Wagner Mutiny Foreshadows a Russian DefeatRussia Latest: Kremlin Says It Gave Prigozhin Deal to End MutinyWagner Chief Marches on Moscow in Mutiny Challenging PutinWhat Is Russia’s Wagner Group and Why Was It Accused of Mutiny?Markets from Egypt and  ( 8 min )

Owners are using technology, training and fixed tipping to address staff turnover and shortages.  ( 30 min )

Fidelity MSCI Energy Index ETF has the lowest fees, SPDR S&P Oil & Gas Equipment Services ETF has the best return, and Energy Select Sector SPDR Fund is the most liquid  ( 21 min )

“Banks are redrawing their maps, but no one has given them the instructions on how to do that,” said Chris Marinac, director of research at Janney Montgomery Scott.  ( 16 min )

L'Oreal, the world's largest cosmetics company, wants to utilise China's role as the world's biggest e-commerce market and a fast-developing digital economy to tackle the beauty industry's environmental problem. The company hopes a partnership with China's e-commerce platforms and major suppliers in its North Asia region will help Asian consumers better perceive the value of sustainability and make greener consumption choices, said Janet Neo, L'Oreal's chief sustainability officer for North Asia  ( 8 min )

Many Americans are losing their home-insurance coverage as storms and lawsuits upend the industry and the pricing of risk.  ( 27 min )

The heatwave in Texas has sent temperatures off the charts. Triple digits have been reachedacross the state, hitting 125F in Corpus Christi and 118F in Rio Grande, as recorded by the heat index – which provides a combination of temperature and humidity. Meanwhile, the need for air conditioning has seen demand for power spike – and so has the price. Electricity prices doubled, and earlier this week got as high as $5,000 per megawatt-hour. Making matters worse, especially near the Gulf Coast, is u  ( 10 min )

The world's central bank umbrella body, the Bank for International Settlements (BIS), called on Sunday for more interest rate hikes, warning the world economy was now at a crucial point as countries struggle to rein in inflation. Despite the relentless rise in rates over the last 18 months, inflation in many top economies remains stubbornly high, while the jump in borrowing costs triggered the most serious banking collapses since the financial crisis 15 years ago.  ( 9 min )

Hong Kong plans to "fine-tune" the maximum size of mortgages available to first-time homebuyers, Financial Secretary Paul Chan said in a radio interview on Sunday. Chan told Commercial Radio Hong Kong that residents want to upgrade homes after starting families so the government is discussing with the de facto central bank to adjust mortgages to sizes that balance buyer interest and financial security. Market participants have been urging the government to relax property market curbs after home prices in one of the world's most expensive markets dropped 15% last year.  ( 6 min )

Pandemic effects and government aid are blunting impact of higher rates, for now  ( 30 min )

Several sectors are trading at discounts to the S&P 500. The stocks might have some downside, but their prices account for a considerable amount of risk.  ( 23 min )

This esteemed investor rarely changes his long-term investing strategy, no matter what the market does.  ( 22 min )

(Bloomberg) -- Stock market predictions are hard to make and so it has proved in the first half of the year: Almost no one foresaw an artificial intelligence-fueled $5 trillion bounce in tech, nor a banking crisis.Most Read from BloombergPrigozhin Turns Forces Back in Deal With Kremlin to Drop ChargesThe Wagner Mutiny Foreshadows a Russian DefeatRussia Latest: Kremlin Says It Gave Prigozhin Deal to End MutinyWagner Chief Marches on Moscow in Mutiny Challenging PutinGoldman Sachs Is Cutting About  ( 9 min )

(Bloomberg) -- Recession alarms are ringing around Europe’s bond markets, replacing the previous panic over inflation as investors come to terms with the threat to economic growth of increasingly tight monetary policy.Most Read from BloombergPrigozhin Turns Forces Back in Deal With Kremlin to Drop ChargesThe Wagner Mutiny Foreshadows a Russian DefeatRussia Latest: Kremlin Says It Gave Prigozhin Deal to End MutinyWagner Chief Marches on Moscow in Mutiny Challenging PutinGoldman Sachs Is Cutting A  ( 8 min )

(Bloomberg) -- Fresh inflation readouts this week will probably feed into expectations of further policy tightening by Federal Reserve and European Central Bank officials who are already tilting toward raising interest rates.Most Read from BloombergPrigozhin Turns Forces Back in Deal With Kremlin to Drop ChargesThe Wagner Mutiny Foreshadows a Russian DefeatRussia Latest: Kremlin Says It Gave Prigozhin Deal to End MutinyWagner Chief Marches on Moscow in Mutiny Challenging PutinPrigozhin Says Wagn  ( 10 min )

PwC Australia said on Sunday it will sell its government practice to private equity firm Allegro Funds and appoint a new CEO, as the professional services firm battles the fall out from a major scandal. The scandal, which broke in January, revolves around a former PwC tax partner who had been advising the federal government on laws to prevent corporate tax avoidance and shared confidential information with colleagues who then used it to pitch to multinational companies for work. PwC said it had entered an exclusivity agreement to divest its federal and state government business to Allegro Funds for A$1 ($0.67) after reports this week it had been looking to offload its government, education and healthcare practice.  ( 6 min )

Some investors were watching for ripple effects from an aborted mutiny in Russia on Saturday, expecting a move into safe havens such as U.S. government bonds and the dollar when markets open later on Sunday. Heavily armed Russian mercenaries led by Yevgeny Prigozhin, a former ally of President Vladimir Putin and founder of the Wagner army, advanced most of the way to Moscow after capturing the city of Rostov, but then halted their approach, de-escalating a major challenge. On Saturday night, they began withdrawing from the Rostov military headquarters they had seized, a Reuters witness said.  ( 7 min )

As tensions rise between Washington and Beijing, firms are seeking ways to wall off China businesses in case relations worsen.  ( 30 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )

(Bloomberg) -- Western Global Airlines LLC is weighing options including filing for bankruptcy as it faces dwindling liquidity, according to people with knowledge of the matter. Most Read from BloombergPrigozhin Turns Forces Back in Deal With Kremlin to Drop ChargesThe Wagner Mutiny Foreshadows a Russian DefeatRussia Latest: Kremlin Says It Gave Prigozhin Deal to End MutinyWagner Chief Marches on Moscow in Mutiny Challenging PutinPrigozhin Says Wagner Won’t Surrender After Putin’s AddressThe car  ( 7 min )

Fresh troubles at Indian edtech startup Byju's this week have escalated concerns among employees who were already uncertain about their future after several rounds of job-cuts, more than a dozen current and former staff told Reuters. Auditor Deloitte and three prominent board members severed ties with the Bengaluru-headquartered firm on Thursday, raising further questions about the once high-flying company's financial health and governance practices. Byju's has already let go of several thousand employees this year due to slowing demand and it is locked in a legal battle with its lenders and faces regulatory scrutiny, even as its valuation has been slashed by at least one marquee investor.  ( 7 min )

De storing bij ING waardoor het leek alsof pinbetalingen van zaterdag dubbel werden afgeschreven is verholpen, laat een woordvoerder van het bedrijf weten. Sommige klanten zagen dubbele afschrijvingen van betalingen met de pinpas die ze zaterdag hadden gedaan.  ( 3 min )

Tientallen grote bedrijven eisen dat de Europese Unie strengere regels invoert voor de CO2-uitstoot van vrachtwagens. Multinationals als Heineken, Nike en IKEA hopen dat ambitieuzere doelstellingen zorgen voor meer investeringen van autofabrikanten in elektrische vrachtauto's.  ( 3 min )

Honderden activisten zijn zaterdag door het hek van Tata Steel gebroken om het terrein te bezetten. Greenpeace wil dat de staalfabriek in Wijk aan Zee per direct stopt met het belasten van het klimaat, de natuur en de omwonenden. "Tata heeft te lang getreuzeld."  ( 5 min )

De Australische tak van accountants- en advieskantoor PwC loost zijn in opspraak gekomen afdeling die overheden bijstaat. Voor het symbolische bedrag van 1 Australische dollar wil PwC Australia die activiteiten aan investeringsmaatschappij Allegro verkopen.  ( 4 min )

Door de acties van klimaatactivisten op het terrein van staalfabriek Tata Steel de afgelopen dagen is het langer nodig om gas af te fakkelen. Dat zegt een woordvoerder van het bedrijf zondag. Volgens Tata Steel zorgt dat voor meer uitstoot dan nodig was. Greenpeace noemt die uitspraak hypocriet.  ( 4 min )

Tientallen grote bedrijven eisen dat de Europese Unie strengere regels invoert voor de CO2-uitstoot van vrachtwagens. Multinationals als Heineken, Nike en Ikea hopen dat ambitieuzere doelstellingen in het landenblok ook voor meer investeringen van autofabrikanten in elektrische vrachtauto's zorgen, schrijft Financial Times zondag.  ( 3 min )

Met Photoshop kun je nu makkelijker dan ooit foto's bewerken door mensen en objecten toe te voegen of juist weg te halen. Allemaal dankzij de toevoeging van kunstmatige intelligentie. Maar het levert soms ook lachwekkend slechte creaties op.  ( 7 min )

De huren stijgen en tanken wordt weer duurder. Tegelijkertijd gaan ook de minimumlonen en de uitkeringen omhoog. Wat verandert er nog meer op 1 juli? NU.nl zet het op een rijtje.  ( 6 min )

Vaste energiecontracten zijn terug van weggeweest en overstappende klanten kiezen daarbij opmerkelijk vaak voor een meerjarig contract. Na anderhalf jaar van schommelende prijzen zoeken ze zekerheid en vastigheid, merken vergelijkers.  ( 4 min )

Sgnum (SIGNA), formerly Burstcoin (BURST), is a cryptocurrency that supports smart contracts and digital assets and uses an energy-efficient proof-of-capacity mining algorithm.  ( 19 min )

Sign your name to the back to endorse a check. This tells the bank or credit union that you are the payee and that you are ready to accept your money.  ( 25 min )

A deceased account is a bank account that's owned by a deceased person. Banks freeze access to deceased accounts pending direction from an authorized court.  ( 21 min )

A drawee is the party directed by a depositor, or drawer, via a check or bill of exchange to pay a certain sum of money to the person presenting the check.  ( 20 min )

First-time homebuying plunged last year amid rising borrowing costs and racial disparities in homeownership. Payments on a median-priced home rose to $3,000 per month in March 2023 from $2,500 in March, 2022.  ( 18 min )

FLJP has the lowest fees, JPXN has the best 1-year performance, and EWJ is the most liquid.  ( 20 min )

Franklin FTSE India ETF offers the lowest fees, Columbia India Consumer ETF has the best return, and iShares MSCI India ETF is the most liquid.  ( 21 min )

Learn about the many types of transactions that are recorded in a country's balance of payments, including the current, capital, and financial accounts.  ( 19 min )

The Zimbabwe currency system has undergone massive changes due to hyperinflation. Here we discuss the history of the Zimbabwe dollar (ZWD).  ( 24 min )

The right mortgage can make your dream of owning a home a reality. We researched and reviewed the best jumbo mortgage rates, all collected here.  ( 29 min )

Bullish bets on high-yield corporate bonds are starting to unravel as interest rates look set to stay higher for longer.Most Read from BloombergPrigozhin Turns Forces Back in Deal With Kremlin to Drop ChargesThe Wagner Mutiny Foreshadows a Russian DefeatRussia Latest: Kremlin Says It Gave Prigozhin Deal to End MutinyWagner Chief Marches on Moscow in Mutiny Challenging PutinPrigozhin Says Wagner Won’t Surrender After Putin’s AddressInvestors are turning back to safer investment-grade notes instea  ( 10 min )

(Bloomberg) -- The bond market is finally getting in sync with Jerome Powell’s outlook for the economy.Most Read from BloombergThe Wagner Mutiny Foreshadows a Russian DefeatRussia Latest: Prigozhin Turns His Forces Away From MoscowPrigozhin Turns His Forces Back from Moscow, Avoids ShowdownWagner Chief Marches on Moscow in Mutiny Challenging PutinPrigozhin Says Wagner Won’t Surrender After Putin’s AddressTraders have scrapped once-aggressive wagers that the Federal Reserve chief would pivot to e  ( 8 min )

Financially savvy individuals with higher credit scores were more likely to profit from credit card rewards at the expense of naive consumers with lower scores.  ( 9 min )

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All those 2% and 3% mortgage rates—a policy outcome of the COVID-19 recession—are now acting as golden handcuffs.  ( 7 min )

"Markets typically do not respond well to events that are unfolding and are uncertain," particularly relating to Putin and Russia. "If the uncertainty escalates, you're going to see Treasuries get a bid, gold will get a bid and the Japanese yen tends to gain in situations like this." "The impact on markets clearly depends on the final outcome of Russia's internal power struggle; if it leads to an early conclusion of the war, it will be positive for markets in the short term."  ( 9 min )

Also, the British parliament is now very nearly in accord over a bill of proposed crypto regulation.  ( 7 min )

A fistful of housing data this week essentially declared who is winning in the current housing market. It’s certainly not homebuyers, who are picking through too-few choices to buy at still-high prices and elevated mortgage rates. It’s not sellers, many of whom are not even in the game. The winners: The homebuilders.  ( 9 min )

Warning signs from the chemical industry regarding their profit outlooks may suggest a potential economic slowdown.  ( 7 min )

Oil traders and analysts are bracing for higher energy prices on Monday. "Internal turmoil is a risk for supply to global markets, if it turns out to be a proper civil war it would of course hamper oil supply," said Bjarne Schieldrop, chief commodities analyst at Nordic bank SEB. Oil traders said  ( 21 min )

How long $3 million will last in retirement depends on your spending habits and investment returns. While your spending habits are largely under your control, some costs such as healthcare expenses are not perfectly predictable. Likewise, while you can probably … Continue reading → The post How Long Will $3 Million Last in Retirement? appeared first on SmartAsset Blog.  ( 8 min )